May 14, 2008

Prophet scans

Someone asked me the other day about my prophet scan settings. I provided them but just realized yesterday that there was one problem with my gap down scan (I had been wondering why my results were so off). Anyway... here are the gap up and gap down scans again. For those who don't know... you can sign up for prophet.net for free and get 2 free scans. Not pushing them as you all know I've had issues in the past.

Gap down


Exchanges: NYSE AMEX NASDAQ(NM,SC,OTC,BB)
Last Price is at least 5
Today's Open Price is at least 0.01 dollars lower than the Previous Low and the Open Price is at least -1.50% lower than the Previous Close
Average Volume is at least 100,000 shares
Percent Change is more than -1.50%

Gap up


Exchanges: NYSE AMEX NASDAQ(NM,SC,OTC,BB)
Last Price is at least 5
Today's Open Price is at least 0.01 dollars higher than the Previous High and the Open Price is at least 1.50% higher than the Previous Close
Average Volume is at least 500,000 shares
Percent Change is more than 1.50%

I run these scans at 9:45 in the morning so that the list won't be so long.

4 comments:

ABTrader said...

There are two free scanners which let do the same thing: yahoo stock scanner, and StockFetcher 2.0

OONR7 said...

thanks abtrader. Don't know about Stockfetcher 2.0 - need to check out, but I have used Yahoo's stock scanner. If I have absolutely no other options then I'll use Yahoo but I don't like how you can't sort by volume (unless they changed that).

Scott said...

Why is the Gap down average volume set at least 100,000 shares and the Gap up average volume set at least 500,000 shares?

OONR7 said...

scott: I didn't realize that... thanks for catching and I have changed 100,000 to 500,000.