Wrong syntax?

DoctorT

Hi!

Just now I ran the following scan:

[type = stock]
AND
[country is US]
AND
[[exchange is NYSE] OR [exchange is NASDAQ]]
AND
[optionable is true]
AND
[volume > 1000000]
AND
[[close * 1.05] X EMA(20)]

I expected the scan to show the stocks for which yesterday's closing price plus 5% crossed over the EMA(20).

But, here's one of the results:

Range Resources (NYSE: RRC)
Yesterday's EMA(20) = 14.16
Yesterday's closing price = 13.63

What's wrong?

Thank you!

Doctor T

markd

seems to be right

yesterday 2/13

ema 20 = 14.21

close = 13.14 x 1.05= 13.80; below ema

today 2/14

ema 20 = 14.16

close = 13.63 x 1.05 = 14.31; above ema

or did I miss something?

DoctorT

Dear Mark D,

Thank you for your reply.

Oops! I meant to identify stocks for which the closing share price crossed over the EMS (20) plus a percentage.

I should have written [close X [EMA(20)*1.05]]

Today I lowered the percentage to 3% and, to identify NEW crossovers, I added [yesterday's close < EMA(20)] and it appears to be working.

Doctor T