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Identifying Trends: Follow Up

DoctorT
DoctorT ✭
in Scanning
Dear MarkD,

To identify bullish trends, I ran scans using the following criteria:

AND [daily SMA(5,daily close) > SMA(20,daily close)]
AND [5 days ago SMA(5,daily close) > 5 days ago SMA(20,daily close)]
AND [10 days ago SMA(5,daily close) > 10 days ago SMA(20,daily close)]
AND [15 days ago SMA(5,daily close) > 15 days ago SMA(20,daily close)]
AND [20 days ago SMA(5,daily close) > 20 days ago SMA(20,daily close)]

Unfortunately, they worked so well that they excluded any stocks with “Slow Stock %K(14,3) < 20,” which would be my next filter.

Thus, after browsing the SC website, I am thinking of using the following criteria:

AND [close > SMA(200,close)]
AND [SMA(50,close) > SMA(200,close)]

What do you think?

Looking ahead, what's the difference between “Daily OBV” and “Daily OBV Signal (n)”?

Thank you!

Doctor T

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