StockEagle Study#17 (Breakouts/% Up)
This study shows the stocks which trade above its bollinger band envelope.
which usually indicates a change to a new price area as long as the volume sustains.
It shows the the distance above the range envelope in percent.
This can indicate profitable short opportunities when you enter near the top!
(If the database is out of date this study is disabled, bring the
database up-to-date)
Example:
15.8 MIPS
MIPS is trading at a price of 18 7/8 or 15.8%
above its upper bollinger band of 16.3057.
This study shows the result as percentage above the upper bollinger
envelope.
The bollinger envelope is calculated with double standard deviation
based on a 20 day exponential average.
Note that the database has to be current to show the correct result.
To check the closing price.see Symbol Info
To see the details of any entry in this study simply click on the symbol and
select "Display Details" from the PopUp menu
(see Show Event Detail for more information)