How to find stocks with yearly momentum

If you are short term swing trader, you need to be in stocks with momentum. There are many ways to find such stocks in Telechart.

In Telechart set up following PCF:

1 year ROC from a yearly low

(C + .011)/ (MINC260 + .011)

Minimum Volume 3 days

MINV3.1 > 1000

In easyscan set up a easyscans

1 year ROC from a yearly low

Common Stocks

Volume 3 days =true

Price per share>3

1 year ROC from a yearly low rank>97

Now look at the top 50 or so stocks in this scan. These are the stocks currently favored by the market. They have had the highest price % change from their 260 days close. To find trades from this you can sort the scan output by Price Percent Change 5 days and look at stocks with less than 5% price change in last five days. Those stocks are having a small pullback in their strong trend.

Here is a example of a quick swing trade on JAZZ using this kind of momentum approach:

Top 40 stocks in this scan currently:

AIB

ARM

AXL

BZH

CAR

CNO

COT

CVGI

DAN

DDRX

DNDN

DTG

FOE

FRZ

GNW

HGSI

IRE

ISTA

JAZZ

KFN

LNET

LVS

LZB

MIC

OFG

OMN

PALM

PLAB

PMI

RDN

RODM

SCSS

SMRT

SOA

SPDE

TEN

TRW

VCI

VNDA

ZOOM

You would see many of these are setting up nicely for a swing trade.

How to find stocks with momentum

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