StockFetcher Forums · Filter Exchange · Bouncy Ball Scan<< >>Post Follow-up
buckoimre
2 posts
msg #157333
Ignore buckoimre
modified
8/5/2021 3:28:16 AM

Hi there,

I'm a beginner at trading stocks and with stockfetcher.

I recently bumped into this video called "Bouncy Ball Scan"

https://www.youtube.com/watch?v=7xKOo6vNaq8

Screenshot:

N-vtelen

It shows how to use finvizz for filtering stocks, but I want to stick to stockfetcher.

So I created my filter, but I see different results. I see only a few overlapping results, though. I didn't know how to add "beta" to stockfetcher, so I excluded it in finvizz as well.

Could anyone be so kind as to check my filter?

Here it is:
Fetcher[

Volume above 1000000
close is 70% above 52 week low
MA(200) is below MA(50)
price is above MA(50)
MA(20) is above MA(50)
price is more than 5% below 20 days high

]



Thank you!

Cheese
1,374 posts
msg #157335
Ignore Cheese
modified
8/5/2021 11:45:22 AM

Fetcher[

/*
https://www.stockfetcher.com/forums/Filter-Exchange/Bouncy-Ball-Scan/157333
buckoimre
modified 8/5/2021 3:28:16 AM
*/



Volume above 1000000
close is 70% above 52 week low
MA(200) is below MA(50)
price is above MA(50)
MA(20) is above MA(50)
price is more than 5% below 20 days high


/* ************** example of how to add BETA to your filter ************* */

optionable
beta above 1
add column beta

/*
other references
https://www.stockfetcher.com/help/Fundamental-Data-on-StockFetcher/100332
https://www.stockfetcher.com/forums/General-Discussion/Beta/37433/-1/37451
https://www.stockfetcher.com/forums/General-Discussion/Beta/37433/-1/37446
https://www.stockfetcher.com/forums/General-Discussion/High-Beta/43829/-1/46449
*/

/* ************************************************************************ */

]



nibor100
1,008 posts
msg #157336
Ignore nibor100
8/5/2021 11:48:53 AM

A few suggestions:

Your line "close is 70% above 52 week low" is probably only picking stocks at 70% and not the ones above 70% as the video seems to imply.

Your line "price is more than 5% below 20 days high" is probably excluding those stocks at 5%.

When checking scanned lists between SF and another program, I like to go one line at a time and compare the results between the 2 to see the differences in the stock groups each program is checking.

SF has a Beta indicator, based on 36 months, but will only work for the current day, SF doesn't make historical Beta values available. At the top of your forum page enter "beta" in the search bar and scroll down until you see the post on fundamental data in SF

Hope this helps some,
Ed S.

buckoimre
2 posts
msg #157338
Ignore buckoimre
8/6/2021 9:16:18 AM

Thank you very much for the kind support!

jmolinatrader
11 posts
msg #159913
Ignore jmolinatrader
12/22/2022 8:06:41 AM

Hello buckoimre

I was wondering if you have used the bouncy ball scan over the past year.

Thanks
JM

glgene
613 posts
msg #159914
Ignore glgene
12/22/2022 9:53:57 PM

Ed,

You wrote: "SF has a Beta indicator, based on 36 months, but will only work for the current day, SF doesn't make historical Beta values available."

So how is the Beta calculated on only the "current day?" If Beta shows as 1.25, what does it mean? That the price of the stock (today) went up 25% over that of SPX (or SPY) today? Or what?

I'm not challenging your statement ... I just need to know how SF's Beta is calculated on 1 day?

Thanks, Ed.

Gene

nibor100
1,008 posts
msg #159915
Ignore nibor100
12/24/2022 11:55:19 AM

Hey Gene,

Beta is calculated each trading day by SF based on 36 months of data according to the link I previously cited.

The result of that calculation is only available for 1 day on SF.

If you go back farther in time the beta value returned will be the very same as the one seen for the current day. So no BETA history is available on SF for any stock.

There is Beta history chart available on the Zacks website but their BETA appears to be based on 5 years of data, though when I look at the Beta value on SF and Zacks for MSFT, for the most current trading day, they are both saying 0.93.

I suspect whatever online broker you use for trading has current and historical beta available...

Hope this helps explain my earlier post on Beta.
Ed S.

PS. add these 2 lines to a filter and you'll see what SF gives for older beta values(absolutely nothing!)
add column beta
add column beta 5 days ago

StockFetcher Forums · Filter Exchange · Bouncy Ball Scan<< >>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 2022 - 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


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.