New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
As always, I am working on another scan. I am scanning the SP500. Anyway, for now, I would like to select stocks with SCTR's above 20.0. When I try to add SCTR > 20.0 the scan still selects some less than 20.0 and it eliminates some > 20.0. I have tried to search the site for a couple of hours now and I have been unable to figure out what I am doing wrong. While I am at it, the scan results that I get include the SCTR on the far-right side of the list. Some are green, some are yellow, and some are red. Do you know what the different colors are supposed to mean? I ask because if I add the SCTR line to a chart I can see that some SCTRs that are red are higher than the previous day.
0
Comments
Without seeing the scan language, it's tough to say why you are getting incorrect results. Make sure that you are running the scan for 0 days ago though, if that's what you are looking for.
I'm guessing the scan engine returns the SCTR ranking appropriate to the symbol's group. Some symbols may not have a SCTR because they don't belong to a group. Possibly some symbols have more than one SCTR because they belong to more than one group. I'm not sure about that.
So, it might help to specify SCTR.large, since you are looking at the SP500.
https://help.stockcharts.com/scanning-and-alerts/writing-scans/scanning-for-sctrs
You could run a scan for just SCTR.large > 0 to see what symbols are included, and do that for each group that interests you.
Also, it might help to add the SCTR criteria into your scan from the drop downs, by clicking on the SCTR you want in the drop down box and clicking "Add", rather than typing in "SCTR" yourself. That way you know the scan engine is reading an "approved" version of SCTR. Possibly, if you just type in "SCTR" the scan engine interprets it as SCTR.something else.
[group is sp500]
and [SCTR > 20]
rank by SCTR
There are no results less than 20. I can't tell if it is omitting symbols greater than 20.
How did you determine that some results > 20 were getting omitted?