Scanning for short-term gain

Discussion in 'Trade Journals' started by Ridestock, Jun 25, 2025 at 9:20 PM.

  1. Ridestock

    Ridestock Member

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    I posted before in the trade journal, my test data for cup and handle, and I don't think that was helpful to anyone. So now, in this post, I will just post the results.

    This scan looks for Marubozu hoping for a price increase over the next few days.

    6/25/2025

    INMB = 3.6635% increase (close to next day high)
    TLSA = 2.85714% increase (close to next day high)
     
    #1 Ridestock, Jun 25, 2025 at 9:20 PM
    Last edited: Jun 26, 2025 at 4:49 PM
    TomB16 likes this.
  2. Ridestock

    Ridestock Member

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    These are the stock scans for today and felt it would be helpful to show a little bit more information.


    Gain: A 4%-10% gain is considered strong

    Volume: 1.5 or above is high trader interest

    Score
    : How many of the following criteria did the stock meet
    1. Strong full-body candle
    2. ≥5% gain
    3. Volume ≥1.5× average
    4. Prior downtrend
    Weighted Score: This factors how important score, gain and volume are and scores it.

    Weights — Score: 50%, % Gain: 20%, Volume Ratio: 30%

    ALMS | Score: 5 | % Gain: 13.01% | Volume Ratio: 1.52 | Weighted Score: 5.56
    OPK | Score: 3 | % Gain: 3.94% | Volume Ratio: 0.58 | Weighted Score: 2.46
    SNDL | Score: 3 | % Gain: 2.46% | Volume Ratio: 0.76 | Weighted Score: 2.22
    YHC | Score: 4 | % Gain: 11.02% | Volume Ratio: 0.15 | Weighted Score: 4.25
    RPT | Score: 3 | % Gain: 4.28% | Volume Ratio: 1.48 | Weighted Score: 2.8
    SMC | Score: 3 | % Gain: 4.45% | Volume Ratio: 1.41 | Weighted Score: 2.81

    Since I do not have a $25,000 trading account to day trade, I would look to buy tomorrow and sell the day after.
     
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  3. Ridestock

    Ridestock Member

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    The screener is picking mostly winner, but the ones failed had a down trend prior. This screen only shows the ones for uptrend over past 3 months.
    The test will be to see the close compared to the highest high over the next 5 day.

    6/27/2025
    KG | Score: 5 | % Gain: 13.17% | Volume Ratio: 7.45 | Weighted Score: 7.37 | Close: 28.02
    EVEX | Score: 3 | % Gain: 8.08% | Volume Ratio: 2.72 | Weighted Score: 3.93 | Close: 6.69
     
  4. Ridestock

    Ridestock Member

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    6/30/2025
    STRF | Score: 3 | % Gain: 6.54% | Volume Ratio: 6.36 | Weighted Score: 4.71 | Close: 113.15
     

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