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Wednesday, November 9, 2011

Price Relative Scans

I have 5 100 day breakouts in price relative (Finviz screen here),  9 50 day breakouts (here), and 21 20 day breakouts (here). I have no breakouts on the second spreadsheet.

2 comments:

Michael said...

has the price relative come up with stocks prior to breakout?

David said...

Not really. Most of the breakouts I have looked at in the last couple of weeks have had weak price relative lines before the breakout. QCOR is the only leading stock I have seen that has a price relative line rising consistently. The 100 day breakouts don;t have enough data yet to be really reliable, but we should be seeing the 50 and 20 day brekaouts breaking out in price, and there really have been very few.

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