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How
StockVision Works [Watch
our tutorials]
The
theory behind StockVision is
that everything that is known
about a stock and its underlying
company is reflected in its
price and volume action. The
simplest example of this would
be a stock that is soaring to
new heights, with above-average
volume. Such action can indicate
that some very large investors
are accumulating large amounts of
shares. They know
something. And that knowledge
is revealed in a stock's price
and volume movement.
Most
conventional stock analysts
spend countless hours studying
company earnings, balance sheets,
management changes, and a number
of other fundamentals. The problem
with this approach is that nothing
will be found about the company
that isn't already
known
by others. A far more expediant
approach is to interpret the
stock's price and volume action,
because this action will refect
the composite knowledge of everyone
in the world who is trading
the stock.
StockVision
is designed to monitor over
1,800 stocks, in real time,
to locate specific actions of
a stock that indicate large
buying or selling interest.
Within seconds, the user of
StockVision can zoom in on
the best trading candidates.
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 (Click
on image for full-size view)
Criteria
StockVision
uses a self-adjusting 'weighted'
method to compute the relative
rating for a stock. What this
means is that recent market
information is analyzed daily
to discover the dominating patterns.
Furthermore, each individual
stock is examined for its past
response to important indicators.
From this data, the best possible
trading choices are discovered
on any given day.
For
example, suppose the market
has been recently oversold,
and many of the beaten down
stocks are beginning to bounce.
StockVision's powerful,
self-adjusting scanner will
recognize this pattern and begin
assigning a higher weight
to stocks that appear oversold.
[Watch
our tutorials]
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