Technical Search
Technical Search is a tool which allows you to screen our database to develop a list of companies which match a particular technical analysis you wish to perform. You can base your search on some, or all, of the following input parameters, or leave all fields blank to do a global search.
- the price that this security opened on the most current trading day.
- the highest price that this security traded at on the most current trading day.
- the lowest price that this security traded at on the most current trading day.
- the price that this stock traded at on the last trade of the most current trading day.
- the total volume of shares that this security traded on the most current trading day.
- the volume multiplied by the closing price, a dollar value estimate of the total dollar value of shares traded on the most current trading day.
StockScores
Based on a proprietary model that combines over 30 technical analysis indicators and factors, the Stockscore is a measure of technical analysis strength or weakness. Using the most recent 200 days of market trading data for a specific stock, this score is updated daily to reflect a stock's momentum, liquidity and price behavior. Stocks that have not traded for at least 200 trading days will not have a Stockscore, as there is insufficient trading data. The scale for the Stockscore is 1 to 100.
The Stockscore provides a numerical rank of an individual stock's technical analysis strength. The score can be translated into one of five rating categories as follows:
–Scores greater than 70
This stock may be worth considering as a buying opportunity. Our model indicates that the stock has good potential to go higher in the short term, and is worth taking time to consider. Complete your due diligence on this stock so that you can make your own judgement on the quality of the company before making a decision, and remember that our score is valid for the price that the stock is at when we applied the score. Of course, a score of 98 has more potential than a score of 72, but all stocks in this range deserve your consideration. In addition, if you may wish to short this stock, you may wish to consider covering the short position.
Market activity is beginning to indicate improved optimism for this stock and it should be put on a watch list as a stock to consider. If you already like this company's fundamentals, you should now look for the signals that the time is right to own the stock. If you own the stock, you are likely in good shape but may want to consider taking profits if profits are high. If you are short the stock, you should approach your position with some caution and watch for the signal that it is time to cover.
Market activity is doing little to indicate the future direction of this stock. The stock is likely in a trading range, or, if it has been in a strong trend over the recent past, it may be starting to reverse that trend. If you own this stock and are in a profitable position, you should consider whether the stock is reversing and it may be time to take your money off the table.
Market activity is beginning to indicate caution is warranted for this stock and it should be put on a watch list as a stock to sell or short. If you believe that the company's fundamentals do not warrant the valuation the stock has received, you should now look for the signals that the time is right to short the stock. If you are already short the stock, you are likely in good shape but may want to consider taking profits if profits are high. If you are long the stock, you should approach your position with some caution and watch for the signal that it is time to sell.
Market activity is very negative on this stock and it may be very risky to hold this stock. Shorting opportunities should be explored after doing the appropriate due diligence. If the stock has suffered a major sell off already, traders may want to watch for signs of a reversal bounce as a long trading opportunity, but be sure to watch for the technical reversal which will likely be accompanied by an increase in the stockscore.
It is important to consider where the score has come from. A stock that moves from 60 to 75 is likely a better opportunity than one that moves from 90 to 75. Also, consider where the stock is relative to the score. Again, a stock that has made considerable gains of late may have a good score, but entering the stock given the gains it has made will be riskier. Risk is factored into the model, but common sense is still essential.
Finally, remember that this model is generated by a computer and should not be used to make investment decisions. It is a tool that can help you find opportunities from the thousands of stocks that are out there. However, you have to do the work to take the list of stocks with the scores you want down to the stocks you want to put your money on.
- a 10 day Exponential Moving Average of the Stockscore.
- indicates whether the most recent Stockscore is the highest the Stockscore has been in the past 40 trading days.
- indicates whether the most recent Stockscore is the lowest the Stockscore has been in the past 40 trading days.
Price Indicators
- an indication of the15 day moving average slope. A bullish rating represents a positive slope, and a bearish rating represents a negative slope.
- an indication of the 45 day moving average slope. A bullish rating represents a positive slope, and a bearish rating represents a negative slope
- an indication of the100 day moving average slope. A bullish rating represents a positive slope, and a bearish rating represents a negative slope
- if the 15 day moving average crosses over the 45 day moving average, this indicator will be activated. An above rating represents a move by the 15 day above the 45-day, and is considered positive for the stock. A below rating represents a move by the 15 day below the 45-day and is considered negative for the stock.
- if the 45 day moving average crosses over the 100 day moving average, this indicator will be activated. An above rating represents a move by the 45 day above the 100-day, and is considered positive for the stock. A below rating represents a move by the 45 day below the 100-day and is considered negative for the stock.
- using statistical analysis, it is possible to forcast what a stock should do on the next trading day based upon the stock's historical volatility. This indicator measures what the stock actually does compared to what it should do, and highlights stocks that make statistically significant abnormal gains or losses. The hypothesis is that stocks which behave abnormally may be doing so because of new information.
- a stock's volatility is a good measure of a market's level of uncertainty. The more volatile a stock is, the more uncertain the market is about what the stock may be worth. The Volatility Index Today is an interpretation of the Volatility Ratio indicator, and measures the volatility of the stock relative to the stock's normal volatility. Ratings are high, medium and low.
- the measure of the Volatility Index on the day prior to the most recent day's trading. Stocks that move from low to high volatility in one day are often trading on significant new information. See Volatility Index Today.
- represents the slope of the Volatility Ratio indicator line over the past 10 days, and determines whether the stock's price volatility is increasing or decreasing over that time period.
- represents the slope of the Volatility Ratio indicator line over the past 20 days, and determines whether the stock's price volatility is increasing or decreasing over that time period.
- represents the slope of the Volatility Ratio indicator line over the past 40 days, and determines whether the stock's price volatility is increasing or decreasing over that time period.
- the percentage difference from the most recent closing price and the historical, 40 day high. A negative value indicates how far above the stock is from the 40 day high.
- the percentage difference from the most recent closing price and the historical, 80 day high. A negative value indicates how far above the stock is from the 80 day high.
- the percentage difference from the most recent closing price and the historical, 150 day high. A negative value indicates how far above the stock is from the 150 day high.
- the percentage difference from the most recent closing price and the historical, 40 day low. A negative value indicates how far below the stock is from the 40 day low.
- the percentage difference from the most recent closing price and the historical, 80 day low. A negative value indicates how far below the stock is from the 80 day low.
- the percentage difference from the most recent closing price and the historical, 150 day low. A negative value indicates how far below the stock is from the 150 day low.
- a floor price over the last five days of trading that represents a psychological barrier for the market.
- a floor price over the last 15 days of trading that represents a psychological barrier for the market.
- a floor price over the last 80 days of trading that represents a psychological barrier for the market.
- a ceiling price over the last five days of trading that represents a psychological barrier for the market.
- a ceiling price over the last 15 days of trading that represents a psychological barrier for the market.
- a ceiling price over the 80 five days of trading that represents a psychological barrier for the market.
- a tool used primarily by day traders, Pivot Analysis helps to identify the expected support and resistance points for trading tommorow based on the volatility of recent trading activity. If a stock is able to move beyond one of the resistance or support areas, the stock is deemed to be trading abnormally and an opportunity may arise. Or, a trader may get a feel for whether the stock is having a positive or negative day based on whether it is currently trading above or below the pivot point.
- a central or mean price based upon the very recent trading activity.
- the first level of a psychological ceiling price based upon the very recent trading activity.
- the first level of a psychological floor price based upon the very recent trading activity.
- the second level of a psychological ceiling price based upon the very recent trading activity.
- the second level of a psychological floor price based upon the very recent trading activity.
- the percentage gain or loss between the most recent trading day and the close 10 days prior.
- the percentage gain or loss between the most recent trading day and the close 30 days prior.
- the percentage gain or loss between the most recent trading day and the close 60 days prior.
- the percentage gain or loss between the most recent trading day and the close 200 days prior.
- determines whether this security is entering a consolidation phase over the short term, that is, a period of decreasing volatility.
- determines whether this security is entering a consolidation phase over the medium term, that is, a period of decreasing volatility.
- determines whether this security is entering a consolidation phase over the longer term, that is, a period of decreasing volatility.
- an indication of whether this security had a gap in prices between the most recent trading day and the day prior. An Up Gap means the low for the most recent trading day is higher than the high of the previous trading day. A Down Gap means the high of the most recent trading day is lower than the low of the previous trading day. Up Gaps are considered positive, and Down Gaps negative.
- based on the Japanese charting technique, this is a measure of very short-term supply and demand for a security. A Bullish Candle is one where the close of the most recent trading day is higher than the open, and a Bearish Candle is one where the close of the most recent trading day is below the open. A Neutral candle is one where the stock closes where it opened.
Volume Indicators
Volume Averages
- the average volume over the past 20 days trading.
- an indication of whether the most recent day's trading volume is higher or lower than the 20 day volume average.
- the average volume over the past 150 days trading.
- an indication of whether the most recent day's trading volume is higher or lower than the 150 day volume average.
- determination of whether the volume traded today is statistically significant, or, more than expected based on the historical volume traded of this security.
- determination of whether the volume of trades today is statistically significant, or, more than expected based on the historical volume traded of this security.
- an indicator that uses price and volume traded to determine the degree of stock accumulation or distribution. Essentially, it is a moving average of the amount of stock traded on up days versus down days. Analysts use this indicator to measure whether the market activity is Bullish or Bearish as a measure of supply and demand.
- similar to the Williams Volume Accumulation indicator, the Volume Price Trend indicator measures the momentum of the price activity of a stock weighted by the volume traded. When this indicator is positive, the indication is Bullish, and Bearish when this indicator is negative. Traders often look for the point where the indicator crosses over from one rating to another as an indication of a change in trend.
- the percentage of days this stock has traded out of the last 100 trading days.
Momentum Study Calculations
- based on the hypothesis that stocks tend to close at or near their daily highs just prior to the stock topping out and suffering from profit taking, or, that stocks tend to close at or near their daily lows just prior to the stock bottoming out or benefiting from bottom fishing. This indicator measures whether a stock appears Overbought or Oversold. The Overbought condition implies the stock is too high and likely to head lower, and the Oversold condition implies the stock too low and likely to head higher. This indicator works well for stocks that are trading in ranges, but is often ineffective when a stock is making an abnormal directional move because of a significant change in the underlying company's fundamental value.
- relying on the recent price change over the past 10 days, this indicator considers this price change to determine whether a stock appears Overbought or Oversold using the idea that stocks which make strong moves in one direction or another tend to encourage profit taking or bargain hunting. The Overbought condition implies the stock is too high and likely to head lower, and the Oversold condition implies the stock too low and likely to head higher.
- this indicator utilizes two exponential moving averages of different time durations to measure the price momentum of the underlying security. An exponential moving average of the difference of these two averages provides the MACD signal line. If the difference between the MACD and the MACD signal line is positive, this indicator is deemed Bullish, if it is negative, Bearish. Technical analysts also consider the plot of this difference and seek divergences between the plot and the performance of the stock as an indication of possible trend change.
- using the slope of the recent 10 days trading activity, this indicator measures whether the 10 day trend is Bullish or Bearish.
- using the slope of the recent 40 days trading activity, this indicator measures whether the 40 day trend is Bullish or Bearish.
- using the slope of the recent 100 days trading activity, this indicator measures whether the 100 day trend is Bullish or Bearish.
Once you have entered your search parameters, then move to the bottom of the screen and hit Search. To view technical analysis on the companies in the list your have created, click on the symbols of the companies that interest you. (Please note: If you do not enter specific parameters, clicking on Search will initiate a query of the entire database).
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