Does anybody know what the leading NYSE/NASDAQ stocks are in terms of average (say last quarter) daily price range?
Highest daily price range?
- Thread starter journeyman
- Start date
yeah - but as % of price they aren't so good - any other takers?
Average true range for OIH is presently $4.14 and for RIMM is $3.49
Those ATR's represent roughly 3.3% and 3.25% respectively of their prevailing prices.
Certainly not the highest, but liquid enough to get out of. OIH is an ETF reflecting a basket.
Price persistence is another matter. Presently OIH is trending lower and RIMM higher. Either (or both) could easily reverse course.
Those ATR's represent roughly 3.3% and 3.25% respectively of their prevailing prices.
Certainly not the highest, but liquid enough to get out of. OIH is an ETF reflecting a basket.
Price persistence is another matter. Presently OIH is trending lower and RIMM higher. Either (or both) could easily reverse course.
they look good efficiency - i'll check then out - i really need a scanner that would do this sort of thing for me...
Scanner?
IF you were to follow a stable of candidates, day in day out, you'd get to know their attributes, "personalities", probable turning points, and subliminal messages. All in all, less surprises and more profit extraction.
Just a thought.
Related to volatiliy, a narrow range and consequent range expansion is MORE predictable than price. Naturally, the price direction remains to be seen, but you'd be "leading" rather than following.
30 day average range...
Nasdaq
GOOG 7.51
SHLD 3.52
ISRG 3.05
RIMM 2.74
WYNN 2.39
ESRX 2.11
JOYG 2.02
S&P500
CME 10.50
CMI 2.98
GS 2.78
PD 2.76
BSC 2.7
I use a custom indicator that looks at range vs price. It shows stocks with a high range realtive to price. The figure is a ratio. So the higher the ratio, the higher the range is to price.
Nasdaq
JOYG 4.96
MRVL 4.56
URBN 4.42
BRCM 4.22
NVDA 4.19
S&P500
CIEND 4.57
SANM 4.38
PHM 4.14
DHI 4.01
KBH 4.01
AMD 3.98
Duplicates only listed once and I did not include low priced stocks.
Nasdaq
GOOG 7.51
SHLD 3.52
ISRG 3.05
RIMM 2.74
WYNN 2.39
ESRX 2.11
JOYG 2.02
S&P500
CME 10.50
CMI 2.98
GS 2.78
PD 2.76
BSC 2.7
I use a custom indicator that looks at range vs price. It shows stocks with a high range realtive to price. The figure is a ratio. So the higher the ratio, the higher the range is to price.
Nasdaq
JOYG 4.96
MRVL 4.56
URBN 4.42
BRCM 4.22
NVDA 4.19
S&P500
CIEND 4.57
SANM 4.38
PHM 4.14
DHI 4.01
KBH 4.01
AMD 3.98
Duplicates only listed once and I did not include low priced stocks.
thanks arnie - that's exactly what I am looking at implementing for myself
Take a look at the free Business Week scanner at http://prosearch.businessweek.com/businessweek/general_free_search.html?mode=advanced.
Just enter the low and high stock price you're interested in, and for "price range" just select "high as possible".
Hope this helps.
Just enter the low and high stock price you're interested in, and for "price range" just select "high as possible".
Hope this helps.