Transcript
This transcript is intended only to assist automated search tools. This transcript is not a replacement for the auto-visual presentation. If you are reading this, you have not installed Flash on your computer correctly.
Let's take a closer look at the Up Days Filters. Min Up-days and Max Up-days allow you to see how many days in a row a stock trades up or down. We always measure this from the close of one day to the close of the next day. We do not include today. For example, look at Lucent. Yesterday's close was higher than the day before, and that was higher than the day before it But the day before that was higher. So, we say Lucent had two up-days in a row, or we just record a positive of 2. Here is a graph of the Q's. Again, yesterday's close was higher than the day before, but the day before that was higher. So we say the Q's were up only one day, or a value of positive 1. Now a graph of Chicos (CHS). Clearly, this graph is going down. Yesterday's close was lower than the day before. That was lower than the day before. And a third time it went down. But, only 3 times. So, we say Chicos (CHS) has a value of negative 3. It was down 3 days in a row. Now a graph of the ATML Corporation. This one is slightly different. Yesterday and the day before closed at the same price. This one has a value of 0. No up-days or down-days. The Trade-Ideas server does this to every single stock. Here are a few more examples. You can use the min and max up-days filters to only look up stocks that have only certain values. For example, let's say you want to see stocks which were up yesterday. You would set the minimum value to1. In this case, you would get QQQ, Lucent, and Microsoft but not the others shown on this screen. In other words you would see all the stocks that were up at least 1 day. If you were looking for weak stocks, try setting the maximum number of up days to negative 2. This will only show you stocks like SINA and Chicos (CHS) which have been down for a least 2 days in a row. Remember to use the maximum because negative 3 is less than a negative 2.You can also create a range. Set the minimum to negative 1 and the maximum to 1 to see stocks like AMGN, ATML and the Q's which are trading near normal. Some trading strategies require an exact value, not a range. To find stocks which traded up for exactly the last 2 days, set the Min and Max both to 2.