Wednesday, December 22, 2010

Intraday All Time High Screen at Barchart.com

For the past two years I have been screening for All-Time Highs and posting the results on the blog. I have done this because there weren't any online stock screens that let the user quickly look at charts of US and Canadian ATH stocks. That changed as Barchart.com recently added an All Time High screen to their repertoire (http://barchart.com/stocks/athigh.php).

I welcome this development since Barchart has the resources to build and maintain a web-based stock screener. Another big advantage is that the Barchart screen is updated every 10 minutes intraday and includes US, Canadian, and international stock exchanges.

Drawbacks of the screener are that stocks must have at least 6-months of trading activity (no new IPOs) and must trade above $2 with a volume of 10,000 shares or more.

I will continue posting my weekly screen with daily and monthly charts on alltimehighstocks.com and I will continue writing blog posts about trading and about individual stocks like Computer Modelling Group (CMG), Gold Resource Corp (GORO), and Almaden Minerals (AMM, AAU). I plan to use the intraday screener occasionally, but it will not really change my trading approach since I am mainly interested in longer-term moves in stocks with favorable long-term chart patterns and fundamental tailwinds.

Concentrate on proper execution. Your entry criteria should be dictated by the chart pattern not by the price. -Olivier Tischendorf

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2 comments:

Anonymous said...

I really like your work here. Just keep em' coming!

Andy said...

Thank you! I will do just that.