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Intraday Relative Strength

 

SuperStormtracker features 
Editable Modules
Moving Averages
Delta Volume Strength
 
Momentum
Relative Strength
5 day Hi/Lo Filtering
EZ Programmability
Backtesting
MSIs
Power Uptick
Fading
Snapshot

Relative Strength is a powerful method made popular by the publication Investor Business Daily.  Now Stormchaser has applied technology to harness the power of this method on an intraday basis.   StormTracker members will receive email alerts up to 2 times a day during market hours indicating which stocks are strong/weak relative to the intraday trend in the futures. *** AVAILABLE ONLY FOR LICENSED USERS OF STORMTRACKER.***

IntradayBreakouts
Program Trading Stochastics Reversals
Level II Size Alerts
Pre-Market Gaps
Gap Plays
Key Reversals
Overnight Gaps 
New Highs/Lows
Strength Stock
Relative Strength
Strength Sectors
Volume Strength
Block Detector 
Sectors
Customized Lists
 


Stocks that diverge from the current trend in the futures are giving a strong signal, because when futures reverse the trend, these stocks  will be the first to move in the direction of the reversal, often in dramatic fashion.  This scanning method was included in the original design of the StormTracker, however it's computational demands prevented it from making it into the released version.  As a licensed user of Stormtracker, you will receive the strongest/weakest stocks(scanned inhouse), as email alerts up to 2 times daily during market hours 
As a trader you must always have a plan, and you must always have a list of candidates should the futures reverse.  These email alerts save you the time of scanning thousands of stocks for the strongest/weakest stocks for these powerful signals that develop during the trading day.  

The following shows an example of Intraday Relative Strength.  The downward trend in the futures( in yellow)  starts at the open and continues until 13:30.  You can see visually that ICGE has not lost ground and has held up in the face of selling in the futures.  Stormchaser Technologies inhouse scanner detects this and alerts to the intraday strength of ICGE.  When the futures reverse, ICGE  makes a strong move up for over 5 points.

Another example on the same day:  You can see visually that XOOM  has not lost ground and has held up in the face of selling in the futures.   When the futures reverse, XOOM makes a strong move up for a nice gain.

   


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