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Is it possible to create a scan which will find stocks "X % < Last 52 week high? ....
Thanks ....
0
Answers
https://stockcharts.com/def/servlet/SC.scan
This is the scan for NYSE stocks that made a new 52 week high
[type = stock] AND [exchange = NYSE] AND [Daily SMA(20,Daily Volume) > 40000] AND [Daily High > Yesterday's Daily MAX(253,Daily High)]
They use daily instead of weekly to capture new 52 week highs that may occur each day. If looking for weekly prices and max you would change the daily to weekly and change the 253 to 52.
boiling down your requirements
Close < Max 253 close less X%
becomes
Close < Max 253 close x 1.00 minus 0.X
so if X% is 20%, the multiplier 1.00 minus 0.X, becomes 1.00 - 0.20 (or 0.80)
close < max 253 close x 0.80