OBV Breakout

This On Balance Volume breakout scan looks for a price breakout confirmed with an on balance volume breakout. Many of the stocks that show up on this list make good intermediate long holds.

output = "OBVURD.lst";

DaysToLoad = 200;

Printhdrln "Symbol, Obv,90OBVma, EPS, RS, Close,Group";

if ( obv(0)  >MovAvg(0,90,obv) ) and  
obv(-1)< MovAvg(-1,90,obv) and
   ( close(0) > Max( -1 , -90 , cl ) ) then
     println symbol , "," , obv(0) , "," , MovAvg( 0  , 90 , obv ):7:0,",",EPSRank(0):3:0,",",
     QRS(0):3:0,",",Close(0):7:2,",",IRLsymbol:12;
endif;

Download OBVBO.EXP (OBV Breakout Scan)

Trading On Volume	Profits In Volume	Float Analysis	The Arms Index (TRIN)