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Registered User
Joined: 4/2/2006
Posts: 38
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Hey Craig,
Can you send me the pcf for stocks that trade sideways within a channel after coming down and hitting a 52 week low. I'm noticing that a lot of buying seems to come in after a stock has been falling for a year or so and hits a bottom say a 52 week low and starts to trade sideways for about a year.
So, a recap , I 'm looking for stocks that have hit a 52 week low, then trades sideways for a year then from there I can put it in a watch list so that I can monitor it for a break out or a point of entry.
Thanks Craig
Your the man among men
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Try this for me:
Create these PCFs:
New low 1yr ago
MINL30.250=MINL250.250
Trend/Consolidate 1-yr
100*(MAXH250-MINL250)/(AVGH250-AVGL250)
Once created, please build this EasyScan:
WatchList (ALL STOCKS)
Price Per Share (limit based on your trading)
Volume 90-day (limit based on your trading)
New low 1yr ago (no limits needed)
Price Growth Rate 1-yr (LIST RANK: 20 to 80)
Once created SORT the results by Trend/Consolidate 1-yr in ASCENDING order. I think the ones you want will be at the top of the sorted list.
(you flattery will get you everywhere, btw)
- Craig
Here to Help!
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 Gold Customer
Joined: 12/5/2005
Posts: 63
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Hi, Craig,
I am looking for stocks hitting a 52 week high a year ago and have been consolidated for about a year and now is trading about 5% off 52 week high. The max low within this consolidation is about 30% off the 52 week high. Can you show me how to build an EasyScan or PCF for these criteria?
Thank you for your help
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Create these PCFs for me
New High 1yr ago
MAXH21.240=MAXH250.240
240-day Range as % of Low
100*(MAXH240-MINL240)/MINL240
Trend/Consolidate 240-day
100*(MAXH240-MINL240)/(AVGH240-AVGL240)
Now Create a NEW EasyScan
WatchList (ALL STOCKS)
Price Per Share (limit based on your trading)
Volume 90-day (limit based on your trading)
New High 1yr Ago (No limit needed)
Price as Percent of 52-week High (VALUE 95 to MAX)
240-day Range as % of Low (VALUE MIN to 30)
Save your EasyScan and enjoy the resulting WatchList of stocks that fit your conditions. SORT this list in ASCENDING order by the third PCF Trend/Consolidate 240-day
- Craig
Here to Help!
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Gold Customer
Joined: 12/5/2005
Posts: 63
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Thank you! Craig
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Let me know how it works for you!
- Craig
Here to Help!
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Gold Customer
Joined: 12/5/2005
Posts: 63
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It works fine! I can find several stocks with the pattern which I am looking for. Thank you!
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Glad to hear it!
- Craig
Here to Help!
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