Stocks trading below previous day close


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I am trying to build a scan that I can run only on Mondays going into the close after 3:00pm looking for stocks that are currently trading below Fridays Close. here is the criteria that I am trying to meet. Only looking for stocks that are in the S&P 500. After 3:00 pm the stock must be trading below Fridays Close. Cannot have Earnings coming up within the next 2 weeks. The 2 Day RSI must be below 30. Must have a Strong Relative Strength so it’s outperforming the S&P. And must be in the Top 5 Performing Sectors. Any help on this would be greatly appreciated.

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Posted by (Questions: 2, Answers: 0)
Asked on November 28, 2022 9:37 am
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The original request is far too complex for free solutions I provide in this forum. After emailing Arnie Phelps the request has been changed to "stocks trading below previous day close".

This is super simple. Set the Study Filter of your scan to daily time frame. Enter the following code:

close is less than close from 1 bars ago

I created that code with just a few clicks of the mouse using the Condition Wizard.

Screenshot below shows how that condition was setup to generate that code.

We have a free tutorial showing how to use the Condition Wizard:

https://www.hahn-tech.com/thinkorswim-condition-wizard/

 

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Posted by (Questions: 37, Answers: 4118)
Answered on November 28, 2022 10:44 am