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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Understanding Industry Analysis

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5299
Posted : Thursday, December 21, 2006 5:42:51 PM

Registered User
Joined: 7/17/2005
Posts: 11
 I'm having a hard time finding online help understanding how to correctly set the Industry analysis conditions. I would like to understand how to set the period, operator (I think I know this means), and number values. I would like to add to my backscan and want to find those stocks that are in the top 25% of their industry and their industry is in the top 25% of the market. Thanks in advance for your help.
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Craig_S
Posted : Thursday, December 21, 2006 5:58:40 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 Period only means the period of time price is measured. Set to 10 then you will find how the stock performed over 10 days vs. the rest of the industry for 10 days.

In BackScanner, set both Symbol Rank vs Industry AND Industry Rank vs All Industries to greater than 75. Set the period to whatever time period you want compared.
- Craig
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