MailBag

January 2010

MailBag

How can I find stocks with specific candlestick patterns?

by Arthur Hill

Stocks forming candlestick patterns can be found on the Predefined Scans page. Over 10 candlestick patterns are scanned every day. The image below shows a snapshot of the candlestick scan page for January 21st. After the sharp decline on the 21st, notice that a number of bearish engulfing patterns formed within the Nasdaq (59) and the NYSE (102). Despite such weakness, there were even a few bullish engulfing patterns registered on the major exchanges. In addition to the NYSE and Nasdaq, users can also see scan retults for the Amex, Toronto Stock Exchange (TSE) and Canadian Venture Read More 

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How can I view stocks in an industry group?

by Arthur Hill

The CandleGlance industry groups provide an easy means to view stocks within many industry groups. From the FREE CHARTS page, users can access over 50 CandleGlance industry groups. The image below comes from the FREE CHARTS page. Users can “Choose a Major Industry Group” by clicking on the highlighted drop-down box (select). A list will pop-up and users can then select from over 50 industry groups. In this example, Computer Software was chosen. Computer Software contains nine stocks. While there are certainly more than Read More 

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Tracking commodity groups with PerfCharts and CandleGlance Charts

by Arthur Hill

There are numerous commodity-related indices and ETFs available at stockcharts.com. In particular, the commodity-related ETFs from Powershares offer a good means to keep an eye on various commodity groups. Deutsche Bank DB Commodity Index Fund - DBC DB Energy Fund - DBE     DB Base Metals Fund - DBB         DB Agriculture Fund - DBA         DB Silver Fund - DBS         DB Oil Fund - DBO DB Precious Metals Fund - DBP    DB Gold Fund - Read More