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scans:advanced_scan_syntax:sctr_scans [2019/07/16 20:42] betseyp |
scans:advanced_scan_syntax:sctr_scans [2019/09/06 23:46] (current) betseyp |
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| The StockCharts Technical Rank (SCTR) is a numerical score based on six key indicator values, which is used to rank a stock or other security within a group of its peers. StockCharts currently offers SCTR rankings based on a number of groups, from US small-cap stocks to ETFs to London Stock Exchange securities. While not every security receives a SCTR ranking, scanning for SCTRs can be a great way to discover securities that are doing better than their peers across six important technical measurements. | The StockCharts Technical Rank (SCTR) is a numerical score based on six key indicator values, which is used to rank a stock or other security within a group of its peers. StockCharts currently offers SCTR rankings based on a number of groups, from US small-cap stocks to ETFs to London Stock Exchange securities. While not every security receives a SCTR ranking, scanning for SCTRs can be a great way to discover securities that are doing better than their peers across six important technical measurements. | ||
| - | To learn more about what SCTR "universes" (groups) are available and how the SCTR score is calculated for each security, check out [[cs>technical_indicators:sctr|our ChartSchool article on SCTRs]]. | + | To learn more about what SCTR "universes" (groups) are available and how the SCTR score is calculated for each security, check out [[https://school.stockcharts.com/doku.php?id=technical_indicators:sctr|our ChartSchool article on SCTRs]]. |
| ===== Adding SCTR Clauses to Your Scan ===== | ===== Adding SCTR Clauses to Your Scan ===== | ||
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| SCTR scan clauses are a good way to narrow down your scan to stocks performing at the top of their group. Because SCTR rankings incorporate six different performance measurements across three different timeframes, they help you quickly determine the overall performance of a security relative to its peers. However, because the SCTR //is// a relative ranking, these scan clauses should not be used by themselves. For best results, be sure to include other, non-relative, scan clauses along with the SCTR clause. | SCTR scan clauses are a good way to narrow down your scan to stocks performing at the top of their group. Because SCTR rankings incorporate six different performance measurements across three different timeframes, they help you quickly determine the overall performance of a security relative to its peers. However, because the SCTR //is// a relative ranking, these scan clauses should not be used by themselves. For best results, be sure to include other, non-relative, scan clauses along with the SCTR clause. | ||
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