Percent from specified high. could be 52wk, 26wk etc
Investors Business Daily's product called Market Smith has an option where you can search for stocks moving up and are basing within a specified point from a new high. This is critical to finding stocks in a base that have not fallen X amount under the percent off of the new high. I have suggested this option many years ago. I think it would be great to track the big winners that we all want to be in. In the VV Unisearch the formula can look like Stock Price > Stock (52 week high) * .9 (.9 would be 10% off a high.
1
vote
Marco Crognale
shared this idea