Howdy, Stranger!
Categories
- All Categories
- 2.2K StockCharts
- 392 SharpCharts
- 149 Other Charting Tools
- 58 Saved Charts and ChartLists
- 1.4K Scanning
- 67 Data Issues
- 162 Other StockCharts Questions
- 214 Technical Analysis
- 154 Using Technical Analysis
- 2 InterMarket and International
- 19 Market and Breadth Indicators
- 39 Market Analysis
- 100 Trading
- 100 Trading Strategies
- 161 S.C.A.N the StockCharts Answer Network forum
- 66 Using this StockCharts Answer Network forum
- 95 s.c.a.n. archives
- 17 Off-Topic
- 10 The Cogitation & Rumination Emporium
- 7 Forum Test Area
New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
Options
scanning accuracy
in Scanning
I run a weekly scan on Friday after the market closes that includes [PctChange,3,weekly close) >= 3.0]. I recently noticed that XLK(technology etf) didn't show up on the scan even though when you looked at the daily chart that Friday after the market closed its 3 wk pct. change of the close was greater than 4%.
I kept rerunning the scan over the weekend, on Monday morning and after the market closed on Monday. The scan only became accurate after the Market closed on Monday.
What is going on here? You would think that if you run a weekly scan after the market closes on Friday that the results would be accurate.
I kept rerunning the scan over the weekend, on Monday morning and after the market closed on Monday. The scan only became accurate after the Market closed on Monday.
What is going on here? You would think that if you run a weekly scan after the market closes on Friday that the results would be accurate.
0
Comments
What would happen if you ran the scan after the Friday close in the daily time frame, e.g. PctChange(15, close) ? If there were a holiday in the three week period, the parameter would be 14.
P.S. Found it. Here's the previous question:
http://scan.stockcharts.com/discussion/comment/3621#Comment_3621