Registered User Joined: 8/4/2005 Posts: 24
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Hi,
How would you create a scan that came up with results for stocks that are getting close to a moving average?
Thanks,
Dan
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Administration
Joined: 9/30/2004 Posts: 9,187
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You could use this custom formula:
C / AVGC20 > .99 and C / AVGC20 < 1.01
That's for a 20 period simple average where price is within 1% of the moving average.
Use .995 and 1.005 to find stocks within a 1/2 % of the moving average.
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