StockFetcher Forums · Indicators and Measures · Comparative Relative Strength<< >>Post Follow-up
stockfetcher
963 posts
msg #33617
10/21/2004 7:38:11 AM

Comparative Relative Strength

Parameters Comparative Symbol,Period
Period Limit 100
 
Usage relative strength(^IXIC,45)
 
Description The comparative relative strength computes the ratio of the change in price between two stocks. Often this measure is used to compare an input stock with the change in price of an index. On StockFetcher, you can use the comparative relative strength to find stocks that are outperforming or underperforming an index or any other given stock.
 
Examples
Fetcher[show stocks where the relative strength(^IXIC,45) is above 1.25]


The example above will look for stocks whose price has outperformed the Nasdaq by 25% over the last 45 days.

Two parameters are required for this measure. The first is the stock or index symbol that you will compare against. The second parameter is the timeframe for the comparison. Below is another example showing stocks that just started to outperform IBM.

Fetcher[show stocks where the relative strength(IBM,60) crossed above 1.0]




StockFetcher Forums · Indicators and Measures · Comparative Relative Strength<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus