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Stochastics

Monday, May 02, 2005

Often a low stochastics like under 20 can indicate a stock is undersold or a high one over 80 can indicate it is over bought. The are many investment tools that will allow you to screen for stochastics under 20 or over 80 but the neat thing about ChartSmart Pro is that you can also specify the trend of the stochastics. For example, you can specify to screen stocks with a stochastics under 20 but at the same time over 40 one day ago and over 60 2 days ago, or however you might want to customize. This feature, unique to Chartsmart, allows you to screen on not only the stochastic value but the rate of change of the stochastic over any previous period. A neat feature.

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Stochastics
Posted by chartsmart at 6:45 AM


 

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