Monday, May 2, 2005
Issue Contents:
| 22:44 | Swing Scanner Results Friday April 29th closing data |
| 22:45 | Market Statistics For Friday April 29, 2005 |
| 22:47 | Swing Scanner - Update Minor change to output |
Friday April 29th closing data
Click on the title above to expand this document.
Statistics for Friday April 29, 2005
Note: Statistics are compiled based on our custom symbol universe of the most heavily traded stocks.
| Symbols in Up Swings | 235 |
|---|---|
| Symbols in Down Swings | 517 |
| Up/Down Swing Ratio | 0.45 : 1 |
| Advancers | 69% |
| Decliners | 29% |
| Unchanged | 2% |
| Up Bars | 24% |
| Down Bars | 48% |
| Inside Bars | 10% |
| Outside Bars | 14% |
| Close > 20EMA | 69% |
| Close > 50SMA | 26% |
| Close > 200SMA | 45% |
| 20EMA > 50SMA > 200SMA (trend up) | 15% |
| 20EMA < 50SMA < 200SMA (trend down) | 35% |
Swing scanner result users please note: In the text version I am now including at the end of the listing all symbols which have recently gapped up or down.
In a typical swing scanner run there will be a number of stocks listed has having “recent gap up” or “recent gap down” – this tells us the symbol had that event occur within the past three sessions. Since gaps often form short term swing trading extremes (or show a stock or market that has a lot of momentum in the direction of the gap), its useful to follow up on these in the days to come.