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Indexes of technical analysis indicators for bullishness/bearishness. This should be done over multiple time periods, to evaluate whether the trend of a few hou
by chipsy 16y ago
Indexes of technical analysis indicators for bullishness/bearishness. This should be done over multiple time periods, to evaluate whether the trend of a few hours or days is just a temporary pullback in a longer weeks-to-months progression. Technical analysis gives important information for timing position entries and exits - and if you screen on both the fundamentals and technicals, you have more tools to narrow things to a few top picks.
An example set of signals I might use to find a bullish stock: Upward-trending SMA-20 and SMA-50, 14-period RSI > 50, MACD 12-26-9 signal line under value line. If trading actively, enter when all signals are ready, exit as soon as one breaks. (haven't actually tried that particular system, but I know for a fact that similar systems work.)