Can Someone please help me with the scan I wrote below

samca298
samca298 ✭
in Using this StockCharts Answer Network forum
so I wrote the below scan. What does this mean : [close < .95 *max (30,high)]
and
[close > .85 * max(30, high)]

Best,
Sam

============================================

[type = stock]
and
[exchange = nasdaq]
and
[close> 10]
and [close > ema (9,close)]
and
[close < .95 *max (30,high)]
and
[close > .85 * max(30, high)]
AND [RSI(14) > 60]
and [volume > 500000]

Comments

  • markd
    markd mod
    I'm curious how you wrote a scan you don't understand, but not important.

    If the max high in the the last 30 sessions was 10, it would get stocks closing between 8.50 and 9.50 (85% and 95% of 10).
  • samca298
    samca298 ✭
    Thanks Mark - What if I wanted to modify for stocks closing within 10% of the 30 day highs?

    [close > .90 * max(30, high)] ????

  • markd
    markd mod
    That's it.

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