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Stocks that peaked between October 2021 - Feb 2021 and have been on a downtrend ever since?
Hi there,
I'm looking for a way to scan stocks that peaked around October 2021-Feb 2021 and have been on the downtrend ever since. What would be a good way of scanning for a high in that range and then seeing the downtrend till now? Here's an example taken from Uber's chart.
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[group is SP500] // or whatever you want
// the lowest low of the most recent three months is the lowest in a year;
// this makes it more likely, but doesn't guarantee the stock is in a down trend
and [monthly min(3,monthly low) = monthly min(12,monthly low)]
// the six month high looking back beginning 15 months ago is the highest high in the past 22 months
// you might want to check whether those numbers correspond to the months you want
and [15 months ago monthly max(6, monthly high) = monthly max(22, monthly high)]