This screen filters out stocks whose price is at less than 5% of the highest price in the past 52 weeks.
Get a list of stocks making a new 52 week high or low on NYSE, NASDAQ, TSX, Euronext or S&P500
In this video I’ll be covering 5 predefined momentum screening ideas from our Trading Ideas' section in ChartMill. Momentum trading means that you are primarily concerned with short-term positions. The intention is to buy stocks which are already rising and to sell them again quickly as soon as the first signs are visible that the rising is losing momentum. As an investor you try to benefit from the high volatility associated with the rise in this relatively short time.
This ensures us that the most recent day closed positively
personal preference
stocks priced too low are sometimes too easy to manipulate
to ensure that the increase has been accompanied by increased volume
to ensure that there is sufficient liquidity
price relatively close to the 52W high
daily candles
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.