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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » GAPPERS

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ARMANI66
Posted : Friday, March 11, 2005 7:19:13 PM
Registered User
Joined: 1/5/2005
Posts: 14
 Simple question: When I do an easy scan I see that one of the criterias can be GAPPERS What are gappers?
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Doug_H
Posted : Friday, March 11, 2005 7:33:42 PM


Worden Trainer

Joined: 10/1/2004
Posts: 4,308
 Stocks where the price either gaps up or gaps down from yesterday to today.

Gap Up - Where today's low is higher than yesterday's high.

Gap Down - Where today's high is lower than yesterday's low.

In TeleChart, sort All Stocks by Gappers, and go to the top of the list. make sure you're on a daily chart, and zoom way in. Look at the relationship between the last two bars on the chart. Stocks that return a value of two will be those that experienced a gap down. Stocks returning a value of one will be those that experienced a gap up. Stocks returning a value of zero will be stocks that did not gap at all.

Just look at a few of these stocks. A picture is worth a thousand words. You'll easily see what a gapper is.
- Doug
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