dashover 226 posts msg #106444 - Ignore dashover |
5/29/2012 10:53:51 AM
How do you rank all the sp500 stocks and rank them by comparative relative strength
versus the sp500.
I'm pretty sure you need to pick a period to compare , say the last 20 days? or
Does IBD use a combination on 5,10,20 ,30 ,60 days to compute their 90,90 style indicator?
Thanks!!!
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four 5,087 posts msg #106446 - Ignore four modified |
5/29/2012 12:14:09 PM
The following indices are available on StockFetcher.
http://help.stockfetcher.com/sfhelp/?id=100229&isiframe=&isiframe=
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comparative relative strength
http://forums.stockfetcher.com/sfforums/?q=view&fid=1004&tid=26208&qrid=&isiframe=
4/11/2003 3:51:59 PM
The comparative relative strength computes the ratio of the change in price between two stocks. Often this measure is used to compare an input stock with the change in price of an index. On StockFetcher, you can use the comparative relative strength to find stocks that are outperforming or underperforming an index or any other given stock.
Below is an example demonstrating this measure:
The example above will look for stocks whose price has outperformed the Nasdaq by 25% over the last 45 days.
Two parameters are required for this measure. The first is the stock or index symbol that you will compare against. The second parameter is the timeframe for the comparison. Below is another example showing stocks that just started to outperform IBM.
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dashover 226 posts msg #106449 - Ignore dashover |
5/29/2012 2:38:54 PM
set {rs,relative strength(^spx)}
add column rs
Anyone know over what period this indicator natively uses? thx!
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