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Finding stocks outperforming their industry group
Am I not understanding that if I run this scan
[type = stock] AND [country is US]
AND [Close > 12 ]
and [group is NOT ETF]
and [0 week ago weekly close/0 week ago weekly close($industry) > 23 week ago weekly close/23 week ago weekly close($industry)]
that I should find stocks outperforming their industry. - - - I would find this more useful than comparing to $SPX
I always get 0 hits.
I run this price on my charts (price/industry price), see interesting trends, and would like to scan for stocks that are outperforming.
If I could do this one industry group at a time, I'd still find it useful.