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Scanning for Lower Percent Change from 252 Day High
What is the scanning syntax for finding stocks trading 20 percent below their 252 high?
To find a per cent of anything, like the max( ) value, multiply by the decimal equivalent of the percent. The decimal equivalent of 100% is 1.0. Something less than 100% would be something less than 1.0 - in your case, .8. If you wanted 20% above something - like an MA - it would something more than 1.0 - say 1.2