sarohde 14 posts msg #180 - Ignore sarohde |
11/27/2002 8:57:04 PM
Hi,
Can anyone help me design a query to find stocks in a basing pattern? For example:
"Show stocks that have traded within a price channel that is no wider than 10% (+/- 5%) of the current stock price for the last 12 weeks"
I ultimately want a "lag" variable to identify that this basing pattern was broken with an upward trend of 2 or three days. I could then combine this query with one that would identify this basing pattern as being more than 30% below the 52 week high.
Long story short, I am looking to identify the left side and bottom and the start of the right side of a "Cup with Handle" pattern.
I appreciate any help/hints!
Steve
|
sdye 1 posts msg #26018 - Ignore sdye |
3/4/2003 5:21:36 PM
Steve, did you ever get a response? The cup with handle pattern would certainly be a useful filter.
SmD
|
dsafari 43 posts msg #26022 - Ignore dsafari |
3/5/2003 12:56:50 AM
Do you mean like this?
http://www.stockfetcher.com/stockdb/fetcher?p=forum&sub=view&fid=1004&tid=215
|
dsafari 43 posts msg #26023 - Ignore dsafari |
3/5/2003 12:57:43 AM
Hmm...that URL didn't post well, try this instead:
|
sarohde 14 posts msg #26037 - Ignore sarohde |
3/9/2003 8:18:14 PM
Thanks for the renewed interest in this post.
I am actuall looking to identify the left side of the cup, the base of the cup and the breakout that would start the rise of the right side of the cup-not the entire cup with handle.
I am still looking to solve this query so any added comments/direction is still greatly appreciated.
Thanks,
Steve
|
steftrade 2 posts msg #26047 - Ignore steftrade |
3/11/2003 4:06:09 AM
Hi Steve,
Try to work with Fibonnaci for ex.:
show stocks where within the last 20 days ago the Fibonacci Down(250,20) is between 1 and .9 and high is below 10 day high
or
show stocks where within the last 10 days ago the Fibonacci Down(90,10) is between 1.1 and .9 and price is above 2 day high
or
show stocks where the Fibonacci Down(250,10) touched 1
Hopes this helps.
Stefan
|
steftrade 2 posts msg #26049 - Ignore steftrade |
3/11/2003 4:54:47 AM
The second ex should have been:
show stocks where within the last 10 days ago the Fibonacci Down(90,10) is between 1.1 and .9 and price is above 2 day high 1 day ago
|