Late day upward break
The last few days, there have been late day upward trends after strong losses in the morning. I've finally settled on a momentum scan that I like. The scan searches for pivot low stocks where gains have been made for the last 2 days and the stock's day low is above the 20 day SMA. From this list, filter out all stocks with a single day gain greater than 20 percent for the past 20 days, and only accept stocks with a Slow Stochastic efficiency ratio greater than 0.44
The scan for today reveals:
AGD, ALPINE GLOBAL DYN (Google Yahoo Earnings Chart)
ANGN, ANGEION CORP (Google Yahoo Earnings Chart)
ANSS, ANSYS INC (Google Yahoo Earnings Chart)
AU, ANGLOGOLD ASHANTI (Google Yahoo Earnings Chart)
AWC, ALUMINA LTD ADS (Google Yahoo Earnings Chart)
AZC, AUGUSTA RESOURCE (Google Yahoo Earnings Chart)
BA, BOEING CO (Google Yahoo Earnings Chart)
BRG, BG GROUP PLC ADS (Google Yahoo Earnings Chart)
BRP, BRASIL TEL PART (Google Yahoo Earnings Chart)
BYD, BOYD GAMING CORP (Google Yahoo Earnings Chart)
CATY, CATHAY GENL BNCP (Google Yahoo Earnings Chart)
CBC, CAPITOL BANCORP L (Google Yahoo Earnings Chart)
CEE, CENTRAL EUROPE & (Google Yahoo Earnings Chart)
CP, CANADIAN PAC RAIL (Google Yahoo Earnings Chart)
CPHD, CEPHEID INC (Google Yahoo Earnings Chart)
CRDN, CERADYNE INC (Google Yahoo Earnings Chart)
CTCI, CT COMMUNICATIONS (Google Yahoo Earnings Chart)
CTCM, CTC MEDIA (Google Yahoo Earnings Chart)
CYD, CHINA YUCHAI INTL (Google Yahoo Earnings Chart)
ECHO, ELECTRONIC CLEARI (Google Yahoo Earnings Chart)
EDAP, EDAP TMS SA ADR (Google Yahoo Earnings Chart)
EGI, ENTREE GOLD INC (Google Yahoo Earnings Chart)
EMF, TEMPLETON EM MKTS (Google Yahoo Earnings Chart)
FL, FOOT LOCKER INC (Google Yahoo Earnings Chart)
FPFC, FIRST PLACE FINL (Google Yahoo Earnings Chart)
GBN, GREAT BASIN GOLD (Google Yahoo Earnings Chart)
GFI, GOLD FIELDS LTD A (Google Yahoo Earnings Chart)
HAL, HALLIBURTON CO (Google Yahoo Earnings Chart)
HTI, HALOZYME THERAPEU (Google Yahoo Earnings Chart)
HYB, NEW AMER HIG INCM (Google Yahoo Earnings Chart)
ICUI, ICU MEDICAL INC (Google Yahoo Earnings Chart)
IFX, INFINEON TECH ADS (Google Yahoo Earnings Chart)
IMO, IMPERIAL OIL LMT (Google Yahoo Earnings Chart)
KMM, DSW MULTI-MKT TR (Google Yahoo Earnings Chart)
LGCY, LEGACY RESERVES L (Google Yahoo Earnings Chart)
LRT, L L E ROYAL TR UB (Google Yahoo Earnings Chart)
MCBC, MACATAWA BANK COR (Google Yahoo Earnings Chart)
MCU, MEDICURE INC (Google Yahoo Earnings Chart)
MTL, MECHEL OAO ADS (Google Yahoo Earnings Chart)
NZT, TELECOM CP N Z (Google Yahoo Earnings Chart)
OFG, ORIENTAL FIN GROU (Google Yahoo Earnings Chart)
REV, REVLON INC (Google Yahoo Earnings Chart)
RGDX, RESPONSE GENETICS (Google Yahoo Earnings Chart)
RS, RELIANCE STL & AL (Google Yahoo Earnings Chart)
RUSHB, RUSH ENTPR CL B (Google Yahoo Earnings Chart)
SHLM, SCHULMAN A INC (Google Yahoo Earnings Chart)
SIM, GRUPO SIMEC SAB A (Google Yahoo Earnings Chart)
SXC, STANTEC INC (Google Yahoo Earnings Chart)
TEX, TEREX CP (Google Yahoo Earnings Chart)
TGA, TRANSGLOBE ENERGY (Google Yahoo Earnings Chart)
TGIS, THOMAS GROUP INC (Google Yahoo Earnings Chart)
TIF, TIFFANY AND CO (Google Yahoo Earnings Chart)
TRMD, AKTIESELSKABET DA (Google Yahoo Earnings Chart)
TX, TERNIUM S.A. ADS (Google Yahoo Earnings Chart)
TXN, TEXAS INSTRUMENTS (Google Yahoo Earnings Chart)
TYC, TYCO INTL LTD (Google Yahoo Earnings Chart)
UCBI, UNITED COMM BANKS (Google Yahoo Earnings Chart)
UMPQ, UMPQUA HLDGS CORP (Google Yahoo Earnings Chart)
UVSP, UNIVEST CP OF PEN (Google Yahoo Earnings Chart)
WPCS, WPCS INTL INC (Google Yahoo Earnings Chart)
WPSC, WHEELING-PITTSBUR (Google Yahoo Earnings Chart)
WSCI, WSI INDUSTRIES IN (Google Yahoo Earnings Chart)
The stocks based on momentum are: ANSS, CATY, CPHD, CTCI, HTI, ICUI, UMPQ, and UVSP
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