StockFetcher Forums · Filter Exchange · Oversold, upward momentum, & in a channel might equal $<< >>Post Follow-up
strictlyHC
2 posts
msg #35428
Ignore strictlyHC
3/23/2005 4:37:39 PM

Using the Williams %R to indicate an oversold stock along with the MACD histogram to indicate a stock that momentum is about to hit the 0 line and move upward indicating an upward trend in momentum approaching will provide a good opportunity to buy and hold for a significant gain. The price channel is used to guard against viewing stocks that are in erratic trends due to news or earnings. Using either a standard parallel channel or an increasing channel to have a safe pick within in an upward trend provides better results while also avoiding a decreasing channel for apparent reasons. It is actually quite simple, and if anyone can help focus the indicator, please respond.

Price trading near the bottom of a increasing 90 day channel
Show stocks where Williams %R (14) crossed below -80.00 within the last 3 days
and Average Volume(90) is above 50000
and close is between 2 and 250
and Show stocks where MACD histogram(12,26) is between -2 and 0



strictlyHC
2 posts
msg #35429
Ignore strictlyHC
3/23/2005 4:44:51 PM

The results of the screener shouldn't turn up many stocks each day, but the ones it does turn up need to treated like any investment decision and further research is always nessesary.


StockFetcher Forums · Filter Exchange · Oversold, upward momentum, & in a channel might equal $<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus