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Sunday, June 23, 2013

Experimental Scan - Declining Stocks

Ticker 50 d 20 d 5 day Total
CNX 35 18 5 58
AVL 36 17 4 57
FALC 37 16 4 57
CYS 38 15 4 57
PSB 35 17 5 57
BGMD 36 16 4 56
TAC 34 18 4 56
BTU 34 17 5 56
IVAN 33 17 5 55
FAF 36 15 4 55
UGP 34 16 5 55
INVE 37 14 3 54
KWK 35 15 4 54
AMRN 34 15 5 54
CZZ 32 17 5 54
LFL 37 13 4 54
CHSP 34 15 5 54
HIW 35 14 5 54
SQM 35 15 4 54
CBD 33 16 5 54
FMX 33 16 5 54
REGN 34 16 4 54


One of the weaknesses in price relative score is that it only measures stocks that are advancing ion price relative, which is good for looking for long candidates but useless for short possibilities. I took he spreadsheet that scans for advances and changes it to scan for stocks declining in price relative (the stocks scoring 53 or higher are above). I am going to try a couple of trial runs to incorporate this into the price relative score: if it works out, I will start using it. This should help me catch stocks that are rapidly declining in price relative.

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