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.

Scanning Industry Group

I know that there is a way to chart $SECTOR and $INDUSTRY but is there a way to perform scans on them to see which $SECTOR or $INDUSTRY may be making a new high......

Thanks in advance......


  • carlsoncarlson
    edited December 2014
    Some examples using the Aroon Up indicator. Just mix and match until you arrive at the right combination for your needs.

    // Scan Example 1 using ETF's:
    // Any one of the 9 SPDR Sectors .
    [[symbol is 'xly'] or [symbol is 'xlp'] or [symbol is 'xle'] or [symbol is 'xlf'] or [symbol is 'xlv'] or [symbol is 'xli'] or [symbol is 'xlb'] or [symbol is 'xlk'] or [symbol is 'xlu']]

    // A 130 day high was made today.
    and [Aroon Up (130) = 100]

    //Scan Example 2 using ETF's:
    // Russell 2000 small cap, or Russell 1000 large/mid cap, or Nasdaq 100, or S&P 500.
    [[symbol is 'iwm'] or [symbol is 'iwb'] or [symbol is 'qqq'] or [symbol is 'ivv']]

    // A 260 day high occurred within the last 20 days.
    and [Max (20, Aroon Up (260)) = 100]

    //Scan Example 3 using indexes:
    // Any symbol that contains '$DJUS' or the symbol '$DWCREE'
    // This means any Dow Jones US Index (DJUS industry, group, sector, etc.) and the renewable energy group.
    [[symbol contains '$djus'] or [symbol is '$dwcree']]

    // At or near a 65 day high as of today.
    and [Aroon Up (65) > 90]

    Almost forgot! Here you can get a symbol list of the DJ industry groups broken down by sector:
  • Put the SPDR SELECT Sector ETFs in a list, Put The Dow Jones Industry Group Indexes in a list and put The Dow Jones Sector Indexes in a list...Then just run a new high scan any time you wish. You could also run a scan to see which ones are within 5 or 10% of a new high so you can keep an eye on 'em.
Sign In or Register to comment.