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How quickly can the SCTR of a stock change from day to day? In other words, how likely is it that a stock will have an SCTR rating of, say 75 today and 25 tomorrow? I know there are both short-term and long-term components that go into the calculation of the SCTR, but which exerts the most influence or are they equal weight? The key reason for the question is to decide if using the SCTR is a reasonable tool to use to set stop losses (i.e. "if the stock falls to an SCTR rating of 30 or less, I will sell it" type of thinking).
Thanks in advance for any guidance and thoughts!