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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (1411)5/9/1998 5:41:00 PM
From: Sal D  Read Replies (1) | Respond to of 13094
 
Jim. when you started this thread I started tracking a twist on your 13week MA. The criteria is this, scan is run once at the end of the week using weekly data, a stock must close above its 13 week MA, it also would have had to be trading below its 13 week MA for at least 12 consecutive weeks prior to its crossing, price and volume were not a consideration, if it crossed back under its 13 week MA I sell. I currently scan over 300 stocks, only 3 have meet this criteria.

NSS
Signal day 3/20
Price 14 7/8
Stoped out 4/9 14 3/8 -3.36%
Highest intraweek price 16 3/8 +10%
Lowest intraweek price 14 -5.88%
Lenght of trade 3 weeks

ADCT
Signal day 4/3
Price 25 3/8
Highest intraweek price 32 1/8 +26.6%
Lowest intraweek price 24 5/16 -4.1%
Lenght of trade 5 weeks still open +20.69%

CML
Signal day 4/17
Price 1 3/4
Highest intraweek price 3 3/4 +114.2%
Lowest intraweek price 1 5/8 -7.01%
Lenght of trade 3 weeks still open +82.14%

One signaled this Friday DCTC (2 1/8), but its a BB stock and subject to manipulation.

Of course one can enter and exit whenever they feel comfortable. For testing purposes I will stick to the rules. It obviously is difficult to trip this scan at least with the stocks I run through it. As you can see the only one under $10 has done very well, I realize that with only 3 stocks in a 2 month time span this test is far from over, my request is if you can check some of your big winners and see if there is anything to this (being under the 13MA for the 12 weeks prior to the crossover) I have check some without that requirement and most are losers or quick trades with little or no profit.
Joe