Using Technical Analysis — s.c.a.n.

Point and Figure Price Objective

lmkwin — Wed, 03 Sep 2025 21:38:12 +0000

A unique feature of Point and Figure charts is the ability to calculate Price Objectives (PO). The PO can be a Bullish PO or a Bearish PO based on the last Point and Figure signal showing on the chart. The PO is actually established by the 1st signal's column length, and PO counts can be done manually from any significant column. The ones that appear on the chart though, are generated from the standard calculations, i.e. the 1st signal's column length. The link below describes how they are calculated. https://chartschool.stockcharts.com/table-of-contents/chart-analysis/point-and-figure-charts/p-and-f-price-objectives/p-and-f-price-objectives-vertical-counts https://chartschool.stockcharts.com/table-of-contents/chart-analysis/point-and-figure-charts/p-and-f-price-objectives/p-and-f-price-objectives-breakout-and-reversal-method The Price Objective will display on the PnF chart if you select the Price Objective type you'd like to use. Once you get your PnF chart settings where you want them, click on the Save As Default and every time you use a PnF chart, your settings will be saved. Your default PnF chart will also be used in the Gallery View listing. Price Objectives are simple math applied to the momentum (column length of the original breakout) to arrive at a value that will display on the PnF chart. You may see a PO with a number and the word Tentative next to it. This means that the PO column has not "completed", by reversing columns, so the PO could change with each additional box filled on that column, therefore tentative . You may see a PO with a number and the word Met next to it. This means that the chart has already equalled or exceeded the initial PO value. You can also see the Price Objectives using the PnF charts in CandleGlance view. This can be a fun view to quickly see securities that have 'met' current Price Objectives and those that haven't yet.

VWAP

JJJJ — Wed, 30 Jul 2025 17:58:40 +0000

I am trading short term daily using the vwap as a guide. I wait until the stock price hits the vwap line and starts to rise up. Now if this happens, but the vwap line is trending down, it is good practice to still buy or should the vwap line always be rising ?

Momentum Indicator

JJJJ — Mon, 14 Jul 2025 16:28:34 +0000

I am monitoring the BOP and the MACD histogram. If I want to setup for an entry which one of these is the best indicator? Sometimes they trend in opposite directions.

Ichimoku - How do I interpret price breaking the Conversion Line AND the Base Line?

dbmclen — Wed, 28 May 2025 08:56:18 +0000

QQ: (Quick Question) Please refer to the attached image showing the Ichimoku indicator. Sorry, but I have read DOZENS of pages today in an attempt to answer my question: "Am I in trouble with this stock?" I've tried to determine if the PRICE crossing BELOW the Base Line is a sign to exit the trade? [1] The Conversion Line has *NOT* crossed below the Base Line [2] The Cloud is red [3] The Lagging Line *IS* above the (green) cloud, but *NOT* above the price Thank you for your time on my query! I'm sure you get ZILLIONS of "beginner" questions every day! I'd be HAPPY to pay for a GOOD answer! Regards, Bruce

KAMA OFFSET ??

88Asteroids — Fri, 02 May 2025 16:36:01 +0000

I understand and sometimes use Moving Average offsets, eg., (SMA 50,2). I tried for KAMA (10,2,30, 2) but this does not offset as does moving average offset. Is there a way to offset the KAMA indicator, (line)? Thanks in advance.

ROC vrs Price Performance

JJJJ — Sun, 13 Apr 2025 03:53:13 +0000

How is rate of change different from price performance ?

Zigzag (1-2-3 Pattern identifier)

byexample — Mon, 15 Jan 2024 14:55:59 +0000

I would like to replicate the 1-2-3 pattern trading process using the Zigzag overlay. Using End of Day results, is it possible to get stockcharts to list the stocks that are changing direction for the line on the zigzag? Is there something in Stockcharts that currently identifies stocks that are meeting the 1-2-3 pattern?

JNPR and Wyckoff

markd — Tue, 09 Jan 2024 23:08:13 +0000

Juniper Networks jumped today on news of a Texas Instruments buyout. The daily chart shows there has been Wyckoff-like accumulation preceding this event. I use Force to track accumulation. Here's the annotated chart, notes below. JNPR looks weak, but something is going on. 1 panic selloff on big volume, Force hits new low 2 confident buying after panic; strong volume, buyers absorb selling, so no new low when there should be 3 test of low on small volume 4 more confident buying, Force rises with price 5 6 consecutive days of buying, Force continues rising with price; 6 price reverses at MA 63 (3 months daily), but Force steady as prices fall; so August buying was accumulation; little net selling as prices fall 7 price breaks down again 8 2-3 weeks of new low prices, but Force falls much less; short Force MAs (blue 10, red 21) cross above intermediate Force MA (green 63) 9 sharp rise on news; industry RS (JNPR:$DJUSCT) crosses its falling MA 63 10 price enters range; Force stays flat, little net selling in the range 11 RS re-crosses its MA 63, ticks down, then ticks up again w/o crossing below MA; staying above MA suggests strength is real 12 price resumes rally, RS, Force and price all rise together; next bar is TXN buyout offer (not shown to preserve scale)

ARGoN Acampora's Relative Grid of Nine.

lmkwin — Fri, 22 Sep 2023 14:55:45 +0000

@Julius_RRG Julius de Kempenaer has written a couple blog articles on StockCharts.com with a couple interviews with Ralph Acampora recently. Very interesting articles and the interviews and discussions with Mr. Acampora are quite engaging and thoughtful. They discuss a "new" method of segmenting stocks into a grid of nine boxes, 3x3 they are calling ARGoN. Acampora's Relative Grid of Nine. The boxes represent pairs of performance, Price and Relative. For each, the performance is either Up, Down or Flat, giving you 9 different combinations for the pairs. The top row has Price Up and Relative Up, Price Up and Relative Flat, Price Up and Relative Down. The middle row relationships are the Price is Flat and the Relative is Up, Flat or Down. And the Bottom row, the Price is Down and the Relative is Up, Flat or Down. In this post there is a link to a page on Optuma.com that shows an automated view of the grid for some indexes to see how they are ranked in the ARGoN. https://stockcharts.com/articles/rrg/2023/04/the-birth-of-ralph-acamporas-b-603.html An interview with Mr. Acampora https://stockcharts.com/articles/rrg/2023/09/sector-spotlight-the-story-of-631.html Another interview with Mr. Acampora https://stockcharts.com/articles/rrg/2023/09/sector-spotlight-the-current-s-296.html Interesting stuff. I've mentioned that, in my opinion, Relative performance is fun, but you can only make actual money using Price performance. ARGoN seems to support that idea. Thank you Mr. de Kempenaer for sharing these concepts and continually pushing the edges of data visualization.

Parabolic SAR

JJJJ — Tue, 29 Aug 2023 17:05:36 +0000

I am trying to use the Parabolic SAR on a scalping/day trading basis. If I look at the SAR signals, they may say as an example, sell on a 5 min time frame but still buy on a 15 minute time frame. There are other scenarios with different time frames that do the similar thing. I am struggling as to what is the best strategy. Do I ride only with 1 time frame or jump back and forth to other time frames and which time frame do I pull the trigger to either buy or sell ? Thanks

Can't find it now the Post about UGP stock...don't buy it now

Sofearnot — Fri, 11 Aug 2023 07:25:50 +0000

UGP made some people some great money but do not buy it now I am 100% certain. It's going to go down A Lot .

gotta love chuck love ❤️

Sofearnot — Fri, 28 Jul 2023 14:02:33 +0000

if charles schwab is repeatedly filling you at prices that are above the highest price that traded that day is that Okay

they replied back and said they don’t see a problem with it

DOW Theory

Sofearnot — Wed, 26 Jul 2023 21:53:58 +0000

Does anyone know how to Apply Dow Theory, or a method of actually Quantifying where a stock is going to? Using NKLA as an Example, for instance. I know some very basic methods pertaining to flags and pennants where you Add a certain portion, and project out. I know a lot of people use Fibonacci but i’ve never been able to predict which lines or values it’s going to with any degree of Certainty. All of these seem guessing imo. Moving averages are decent, but, again, it doesn’t often respect them. How could you with any Reasonable accuracy project where NKLA is going to in advance?

Aapl

Sofearnot — Tue, 18 Jul 2023 13:57:05 +0000

Anyone else Notice the Double-Inside day, on Aapl? Anyone Trading it?

Volume trend…

Sofearnot — Sat, 22 Jul 2023 01:08:19 +0000

Anyone looking at the OBV on BDRX? Thoughts?

Predicting Next Day Gap Ups

JJJJ — Thu, 27 Jul 2023 23:51:54 +0000

I know this is a crazy request, but are there any ..even remote technical indicators or signals, that might give even an inkling as to a potential gap up on the next days open ? I realize that the geo/political/news/earnings can affect gaps, but so many gap ups seem to occur even with no significant news. A lot of profit can be made on gap ups, especially on high ATR stocks.

General musings

Sofearnot — Fri, 28 Jul 2023 08:39:09 +0000

americans are nuts You guys pay $10,000 a year in property taxes when native americans charged just $0.

That Was a good decision

A momentous occasion

Sofearnot — Sat, 24 Jun 2023 03:11:15 +0000

Everybody has indicators that they prefer. What is your favorite indicator/scan/method to see if a stock is under Accumulation? I have generally used MACD - a positive number would indicate accumulation ("buying"), but it would also be positive at a high at Mkt tops, when it is about to start a Decline.

Adx Scans

Sofearnot — Wed, 24 May 2023 00:28:47 +0000

Trying to figure-out how to Search for Minus DI Within +/- of the Adx Sig. Is this possible? Not Sure. Also, what exactly is the Difference between MACD Line and MACD Signal?

Wyckoff in real time

markd — Sun, 25 Jun 2023 18:27:03 +0000

So, just for fun, let's look at some charts that seem to show Wyckoff-like accumulation in real time, and then see how they do. I've reviewed the sector etfs and found the Consumer Discretionary etf, XLY is show emergent relative strength. With all the recession talk, you would think XLY would not be the place to go. But let's see what happens. This is a weekly chart of XLY. The top panel is sector strength relative to the sp500. The gold dotted line is RS, the wavy solid line is the 52 week MA, the green wavy line a 13 week (quarterly) MA. As you can see, RS bottomed around January and has been rising. It's just crossed the long MA, and the short MA is about to cross the long MA. If we are still in a bear market, sellers should jump on buyer strength, as they did back in Nov 21 and Aug 22. But the difference is this time that Force shows accumulation also crossing above its long MA and staying there. So there has been net buying despite continued declining prices and RS. Retail traders don't do that, so this is likely professional buying. Next, which industries are showing better RS within XLY? symbols showing improving RS - to see RS I'm using, use the ratio symbol $DJUSxx:XLY, with 52 wk and 13 wk MAs on RS, on 2 year weekly chart, $DJUSHB - home builders - in mark up phase $DJUSAU - autos - just starting mark up phase $DJUSRB - broadline retailers - a few weeks into mark up $DJUSTT - travel and tourism - in a mild pullback after intial markup ? $DJUSRQ - recreational services - starting the mark up phase $DJUSCS - specialized consumer services - has been strong, possibly ready for a new phase. $DJUSHB - almost everything is far beyond the accumulation stage; BZH and HOV appear to be just starting up the mark up phase. But laggards in a group are not usually the best place to be. $DJUSAU - TSLA, TM, F recently broke out and RACE has been marking up for some time, LI is advancing without a ranging period first; TM and F showed the most similar pattern of Force rising as price ranged, but RS was strong as price lagged, and now it is losing RS as price rises. This is not typical of the "undercover" operations of a Wyckoffian campaign, so it seems unlikely these stocks are being managed by operators. $DJUSRB - AMZN looks good from a Wyckoff perspective: This probably shouldn't be a surprise. As a large cap, it's probably responsible for a lot of the XLY behavior. You can see where price dipped lower and Force did not, showing professional accumulation, and now RS is improving coincident with the mark up phase. Entry now would be a few weeks late, but there's probably more to go. $DJUSTT - TZOO is in the mark up phase after a pretty good accumulation phase. Prior to the huge volume in January, this looked a little doubtful. RS had bottomed but couldn't stay its MA. But the large volume and failure to sell off afterward showed strong professional interest. Airbnb may be in mid stage accumulation, but there are some problems with it. The first attempt at accumulation (Jul - Aug) didn't really work out - Force came back to its original levels before price did. The second attempt looks better. After the big selloff in Nov, price drops lower but doesn't attract much volume, then buyers push it up and into a range, containing both heavy buying and selling, which is consistent with Wyckoff operator methods. RS hasn't bottomed, or flattened or improved. That didn't stop TZOO, but ABNB doesn't show the buying conviction we saw in TZOO in January. The sloppiness suggests, if there are operators involved, they are not in complete control. So, a pass on this one. Not that it couldn't work out, but I would want more quality in the set up. @lmkwin, what does P&F say? EXPE also seems to be in mid accumulation and is worth watch listing: Force has steadily climbed as price ranges and RS show signs of bottoming and improving. If you are aggressive, you could buy it, or else wait for the RS breakout. $DJUSRQ - CUK is just about perfect Wyckoff accumulation form. It's just breaking out. Other cruise lines are ahead of it, but it still looks good: From June 22, Force rises while price makes new lows and then ranges. RS bottoms in Oct 22, then stays steady until it crosses its MA with the price breakout in May. Pretty much everything you want to see - a long sell off, new lows w/o Force confirmation, price fails to go lower on big volume (first two weeks of October), extended range stays off the bottom and so does RS; RS and price break out together. So this is a buy now or on a minor pullback. Note the RCL and CCL charts are similar, but not the same. Price and Force and RS all bottom more or less together, and rise together. And they are doing better than CUK (or at least they are ahead of CUK). So, that shows price can move without accumulation. $DJUSCS - several in this group. I won't mark them up or comment as time is short: BFAM FTDR UPBD ROVR PETQ QUOT

M.a.c.d. scan

Sofearnot — Sun, 21 May 2023 00:53:06 +0000

Hey guys, I'm trying to do a Scan for MACD that looks for a similar pattern to this. but, preferably not using the exact numbers on the High end. Something that starts High, and then is CURRENTLY Just below 0 Like this, but maybe with a Little bit of tolerance so that it catches more stocks. But, generally, starting high, then coming to just below 0. Kinda the general gyst of this though. Starting high, then ending just below 0. Any thoughts?

Indicator of an Indicator

Sofearnot — Sun, 14 May 2023 04:11:52 +0000

Hey guys, I was wondering, I know I've done this Before so i know it's Possible: how do you make a scan for an Indicator of an Indicator, Like a 14 day moving average of Wm% or of Macd, for example?

Scanning for moving average Candidates

Sofearnot — Fri, 12 May 2023 03:26:25 +0000

Hi Guys! Trying to find stocks that have been hugging (+/- 5%) their Descending 50 day moving average, for past 3 months. Is This Do-able? Also, trying to find stocks with 50 day m.a. 15% lower than it was 6 months ago. Does anybody know, how to do either one of these or Both?

MACD and Writing scans

Sofearnot — Wed, 10 May 2023 02:32:51 +0000

can someone tell me: trying to find stocks where the MACD was roughly in the top quartile (top 1/4th ) 2 or 3 months ago (let's say 50 trading days ago, to make it simple) Then, NOW the MACD is between -0.50 and 0.00. I have a feeling we are going to want to use ppo rather than MACD. That's fine. Also if not possible to use 'top one-fourth' then maybe just use the number 1. For some reason, it is not working for me. Probably Really easy for some of you Smarter than me in here...

MACD

Sofearnot — Sun, 30 Apr 2023 01:51:17 +0000

Hey Guys, I'm trying to find stocks that are + or - 5% from the "0" level on the MACD. Can Someone tell me, how to do that?

Cross Asset Technical Indicators

browncp88 — Wed, 29 Mar 2023 19:54:25 +0000

I am new to technical analysis and developing a systematic cross asset ETF multifactor model. What indicators apart from "rate of change", "percent above moving average", and "percentage price oscillator" effectively normalize for differences in ETF price levels, and may be useful for allocating across assets (equity and fixed income ETFs) on a 3-12 month forward basis? Thanks!

MacD Question

JamesKL — Thu, 02 Feb 2023 19:21:36 +0000

Hi MarkD and ImKwin I am reading about the MacD momentum indicator and copied below is what is printed. I don't understand The line in parenthesis that I have isolated for viewing. My question is: Exactly which MacD is better suited for weekly charts and why: is the MACD(5,35,5) better for weekly charts or is the MACD(12,26,9) better for weekly charts and why ?? The MACD indicator is special because it brings together momentum and trend in one indicator. This unique blend of trend and momentum can be applied to daily, weekly or monthly charts. The standard setting for MACD is the difference between the 12- and 26-period EMAs. Chartists looking for more sensitivity may try a shorter short-term moving average and a longer long-term moving average. "MACD(5,35,5) is more sensitive than MACD(12,26,9) and might be better suited for weekly charts." Chartists looking for less sensitivity may consider lengthening the moving averages. A less sensitive MACD will still oscillate above/below zero, but the centerline crossovers and signal line crossovers will be less frequent.

P&F Inquiry: bullseyebroker.com and pointandfigure.com

kellymf — Sun, 18 Dec 2022 02:58:35 +0000

Hi - Has anyone ever used bullseyebroker.com or pointandfigure.com for P&F charting? I've emailed them a few times but no one replies. Not sure if either site is legit? Any info would be appreciated, thank you!

That's what makes a market

lmkwin — Sat, 29 Oct 2022 17:59:55 +0000

I do appreciate the diversity of opinion that is allowed on StockCharts.com. You won't see that on Investors Business Daily. Or on Nasdaq Dorsey Wright. They do allow it on CNBC and Bloomberg, but usually ridicule the contrarian view point from the approved network message. The other day Greg Morris essentially called anyone that uses Fibonacci in technical analysis a moron. "Junk Science; Junk Analysis!" was the title of his blog post. Later that day, Dave Keller, Chief Market Strategist at StockCharts pointed out where the moves in the market are and their Fibonacci levels. I do appreciate all viewpoints as that's what makes a market.

Price crossing MA

Gregory — Sun, 04 Sep 2022 21:20:28 +0000

How do you right a syntax for the most recent stock price crossing above 10 day MA or below 10 day MA. If you want to scan for most recent I assume you would have to write it for stock price crossing above 10 day MA or below 10 day MA1 day ago?