I have a simple section of a more complicated scan that doesn't seem to be working properly and I'm not sure if there is an error in the logic or am I missing something ?
The simple part of my scan is looking for the SMA 5 close crossing above the SMA 10 close.
[type = Stock]
and [SMA(5,close) X SMA(10, close)]
I usually run this scan after the close each day and it did pick up several stocks on May 27, but when I look at the charts I don't know why it didn't pick them up days earlier on May 23. Is this an error or am I missing something, here is a close up of a few of the charts and a zoomed in version of a few days before May 27 which clearly shows it crossed on May 23.