StockFetcher Forums · General Discussion · Any suggestions to find weak stocks that have gapped up?<< >>Post Follow-up
KMorley
6 posts
msg #79062
Ignore KMorley
9/11/2009 1:36:31 PM

I like to short inherently weak stocks that have momentarily gapped up due to analyst upgrade or other news. I've been locating these manually and it takes way too much time. So I joined StockFetcher.

I guess it makes sense to look for a lower RSI(12) and a major price improvment over the last day or so. The RSI should probably not consider the "day or so" that the stock gapped up.

Does anyone have any suggestions for writing a filter for this?

Thanks!

chetron
2,817 posts
msg #79079
Ignore chetron
9/11/2009 4:56:03 PM

MAYBE...



Fetcher[

LOW ABOVE HIGH 1 DAY AGO
RSI(12) 1 DAY AGO BELOW 15


]



KMorley
6 posts
msg #79411
Ignore KMorley
9/16/2009 3:18:46 PM

Chetron:

Thanks for the response.

I gave that a try and added a few rules to filter out the BS, but didn't really find anything. Of course, it's not like stocks meeting these requiements happen every day. I'll watch it for a while to see what happens.

Thanks again!

Ken


StockFetcher Forums · General Discussion · Any suggestions to find weak stocks that have gapped up?<< >>Post Follow-up

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