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Scanning for an upturn of the 50 week SMA
So what I want to do is scan for stocks that have their 50 week SMA turn up. Obviously this downturn is going to end at some point and this is how I determine when it has ended.
So what I have so far is this:
[Weekly SMA(50,Close) > Last Week SMA(50,Close)]
and [Weekly SMA(50,Close) > 3 Weeks ago SMA(50,Close)]
But this does not seem to work. I basically want it to look for stocks that have been turning up for a few weeks just to be sure. When I used this one I got some stocks back that still had declining 50 week SMA's. I am thinking this is because the way it is set right now it is looking at daily SMA instead of weekly somehow?