Question about the advanced screener

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Question about the advanced screener

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upod111

Posted: Tuesday, April 14, 2009 8:47:51 PM

Rank: Member
Groups: Member

Joined: 4/7/2009
Posts: 6

I am using the advanced screener with the following parameters:

Whenever I run a chart for the stocks found, the MACD is always negative as seen in the following image:

Whenver I run a Daily/Weekly Macd Crossover Scan in the basic scans, all of the MACD's of the stocks found are positive. Why is this? If I can figure this one question out, this screener will be the best screener I have ever seen.

Thanks in advance for the help.

Sponsor

Posted: Tuesday, April 14, 2009 8:47:51 PM

Zeben

Posted: Tuesday, April 14, 2009 9:00:46 PM

Rank: Advanced Member
Groups: Member

Joined: 9/3/2008
Posts: 90

Hi, following are the only stocks I found with your parameters. I don't see your stock ALTR on the list.

Chart Symbol Open High Low Close Volume % Change
AEM 49.38 50.35 49.00 49.19 2620000 0.26%
AUY 8.30 8.34 8.03 8.14 11440000 -1.09%
GDX 33.95 34.15 33.39 33.69 4600000 -0.24%
GG 30.12 30.69 29.94 30.08 5780000 0.33%
ILMN 34.65 35.50 34.11 34.63 786010 -0.55%
ITMN 15.28 15.48 14.84 15.41 569978 -0.45%
LEN 8.06 8.23 7.71 7.78 6190000 -5.35%
NOVL 3.69 3.84 3.67 3.79 2650000 1.07%

upod111

Posted: Tuesday, April 14, 2009 9:18:58 PM

Rank: Member
Groups: Member

Joined: 4/7/2009
Posts: 6

Whenever I run the scan I get the following results:

Chart Symbol Open High Low Close Volume % Change
AEM 49.38 50.35 49.00 49.19 2620000 0.26%
ALTR 17.27 17.90 17.22 17.67 7610000 1.26%
ASX 2.56 2.77 2.56 2.69 1170000 5.08%
ATML 3.62 3.80 3.59 3.72 4690000 1.64%
AUY 8.30 8.34 8.03 8.14 11440000 -1.09%
C 4.22 4.48 3.85 4.01 1 5.53%
CHB 0.56 0.72 0.55 0.59 1340000 3.51%
GDX 33.95 34.15 33.39 33.69 4600000 -0.24%
GG 30.12 30.69 29.94 30.08 5780000 0.33%
IAG 8.14 8.19 7.99 8.07 1830000 0.37%
ILMN 34.65 35.50 34.11 34.63 786010 -0.55%
ITMN 15.28 15.48 14.84 15.41 569978 -0.45%
LEN 8.06 8.23 7.71 7.78 6190000 -5.35%
MO 16.51 16.62 16.18 16.48 13980000 -0.48%
NOVL 3.69 3.84 3.67 3.79 2650000 1.07%
PAAS 16.50 17.05 16.50 16.68 875981 0.66%
PPC 1.88 2.07 1.85 1.90 285070 3.83%
TRA 28.05 29.11 27.85 28.85 1420000 1.55%

Also, whenever I run a chart on one of the stocks from your list, the MACD is still negative as seen in the figure below:

Admin

Posted: Tuesday, April 14, 2009 9:37:42 PM

Rank: Administration
Groups: Administration

Joined: 10/23/2008
Posts: 277

upod111, thanks for reporting the bug. It was checking the macd instead of the macd-histogram. The bug is fixed, and it should work now. Please report any other bugs you may find.
Here's the list that you should see now.

AFN 0.45 0.46 0.41 0.46 184389 4.55%
AMGN 47.00 48.42 46.80 48.08 8870000 1.11%
C 4.22 4.48 3.85 4.01 1 5.53%
CHB 0.56 0.72 0.55 0.59 1340000 3.51%
DCM 13.58 13.84 13.58 13.82 665949 1.77%
DRYS 5.29 5.87 5.07 5.59 43740000 10.26%
ISYS 8.10 8.45 8.00 8.31 119058 1.59%
LAB 3.80 3.98 3.63 3.66 463505 -5.67%
NIHD 15.01 15.45 14.83 15.13 3950000 -0.92%
OCNF 1.49 1.63 1.36 1.55 2800000 13.97%
PRGN 3.45 3.80 3.37 3.74 601945 10.98%
SPWR 25.22 27.01 25.08 26.51 1970000 4.53%
SQNM 14.66 15.39 14.50 15.02 1270000 2.39%
STEM 1.67 1.72 1.61 1.67 2140000 3.73%

vivian

Posted: Tuesday, April 14, 2009 10:31:06 PM

Rank: Advanced Member
Groups: Member

Joined: 9/2/2008
Posts: 232

upod111 wrote:

It is positive because a stock has to be up in order for the daily macd to crossover.

byMyway

Posted: Wednesday, April 15, 2009 1:00:56 PM

Rank: Advanced Member
Groups: Member

Joined: 4/2/2009
Posts: 67

I think MACD and MACD-HISTOGRAM is different.
Think

When MACD-Histogram is negative does not mean MACD is negative.
From the chart you posted, I see the MACD is positive, but MACD-Histogram is negative. So UPOD111,what are you looking for? MACD or MACD-Histogram?

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