Technical and fundamental analysis of
US and Canadian stock exchanges

Need Help, or <br>Have a Question?

Need Help, or
Have a Question?

Our technicians are standing by to answer your questions, and help you get started!

Stock Screening Articles

More on Cup Chart Patterns in ChartSmart

Thursday June 16, 2005

I have pasted a formula just below for the CUP and Handle.

(#92h50#>(1.15*#60H50#)).and.(#92h50#>#CLOSE#).AND.(#CLOSE#>(1.1*#60H50#)).AND.(#8WKC0#>#22WKC0#).AND.(#102WKC0#<#92H50#).AND.(#CLOSE#>#15WKC0#)

This formula looks back about 142 trading days (92+50 days) and then looks for a decrease in value over a period starting 60 trading days ago to 110 trading days ago. The decrease in value must be at least 15% of the highest value in a 50 day period from 110 trading days ago to 50 trading days ago. then the current close is compared to the same period and then the following weeks to determine if the stock has continued to increase in value but has still not reached the handle.

© 2012, ChartSmart Inc.
www.chartsmart.com

More on Cup Chart Patterns in ChartSmart
Posted by chartsmart at 11:06 pm

Start Your 10-Day Free Trial Today! Take The Video Tour and Learn More

Recent Articles

Archives

"ChartSmart is our main technical research tool at Stocks and Speculations. We use ChartSmart daily for everything from simple charting to the most robust and specific search and filter applications.

ChartSmart enables us to scan, sort, and classify thousands of companies in mere minutes and file our results for easy retrieval. Thank you for a great product. We wholeheartedly endorse and recommend ChartSmart."

Brian Fagan,
Editor and Publisher.

ChartSmart | Download | Subscribe & Rates | Pro Version | Video Tutorials | Contact | Site Map

© 2011 ChartSmart.
Vancouver BC, Canada.

Web Design: Relentless Technology
Vancouver Search Engine Optimization

Although we attempt to provide all investment information with the intent of maximum accuracy, ChartSmart Software and any other parties, accept no liability for it's use. The data provided may not be reproduced in any form and users are prohibited from reselling or redistributing the data. Fundamental Data is provided by COREDATA. U.S. end of day quote data is provided by TENFORE. Use of the data is at your own risk and is hereby disclaimed by the ChartSmart and any associated suppliers. ChartSmart daily updates are available at about 4:20 p.m. Pacific Time. Fundamental data is updated on approximately a monthly basis. ANY DISTRIBUTION FOR COMMERCIAL PURPOSES IS STRICTLY PROHIBITED.