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SCTR dramatic change, reason ?
About a week ago, Chip Anderson had an article titled "Using SCTRs to Narrow your search for winning Stocks". In it, he had the following scan: [5 days ago max(15,SCTR) <20] and [todays SCTR >40]
I programmed this into a scan and had four results, one of which was SNSS with the following chart: http://stockcharts.com/h-sc/ui?s=SNSS&p=D&yr=0&mn=8&dy=0&id=p03426773224&a=402779875
As you can see, the stock has been in a fairly narrow consolidation for about 90 days with nothing much happening, EXCEPT for SCTR being around 10 for those 90 days and then, within 3 to 4 days, it shoots up to about 95.
I did a little research on the stock, and found no recent news.
My question is, how can SCTR jump that high so quickly, without a corresponding price increase or other sort of visible change?