Scanning for Spike Tickers
- Thread starter misterkel
- Start date
Any charting software e.g. Ninja Trader, Metastock, Multicharts or Amibroker can scan for gap up or down. When there is a gap, it's usually a surprise.
Gap (investopedia.com)
Gap (investopedia.com)
Thanks for the answers. Sorry, I wasn't clear.
I mean stocks that frequently make large moves (100% or more) over a period of several days, then fall again. The moves usually take 3-10 days.
I mean stocks that do these moves repeatedly. The idea is to set in trades during the flat period, waiting for the sudden rise. It works well, but you need to have a number of positions in place because each one has low likelihood. With enough of them, you'll generally hit one a month.
GNUS, SNDL are examples.
I mean stocks that frequently make large moves (100% or more) over a period of several days, then fall again. The moves usually take 3-10 days.
I mean stocks that do these moves repeatedly. The idea is to set in trades during the flat period, waiting for the sudden rise. It works well, but you need to have a number of positions in place because each one has low likelihood. With enough of them, you'll generally hit one a month.
GNUS, SNDL are examples.
Most screeners (Finviz for sure) has 20 different signals to select from, when you screen. If you choose "Most Violatile" you will get a list that might be what you are looking for.
For example, when i run that screen of shares greater than $7 among the top 20 most violatile ranked according to volume ... for yesterday, NOVN was up 62% and ORPH was down 55%
For example, when i run that screen of shares greater than $7 among the top 20 most violatile ranked according to volume ... for yesterday, NOVN was up 62% and ORPH was down 55%
Yeah, that's it. The Charts view shows a 9 month look back and the highest HV gives about 60 tickers. Perfect. Thanks a lot. Not sure why I didn't think of that. Pretty straightforward. I was just trying to find it in TWS.