[Wheeler]

Hi, I have a question regarding a healthy pullback or continuation breakout in Stage 2. Maybe I am wrong but I do not see a filter on the stock screener that can find or check my own stocks for a healthy pullback. If not, do you have any suggestions on what settings I can use to help find healthy pullbacks or continuation breakouts in Stage 2 on your screener. Thanks

[isatrader]

There's a few ways to do it currently. SATA Score is one of easiest. Just use Neutral or SATA 6 options.

SATA Change: -Chg into Neutral
WCR: Close in Upper Half of Bar

Or another scan:
Stage: 2A, 2, 2-, 2B, 2B-
Momentum: Positive to Neutral (-1)
WCR: Close in Upper Half of Bar
Inside Bar: True
Avg $ Volume: Over 100M

Or you can look for Crosses above / below the 10 week MA that still have a strong or neutral SATA score

It will also be easier once the daily data indicators are integrated into the screener in the coming weeks. As you'll then be able to use the various filters on multiple timeframes (weekly and daily) to fine tune your scans.

Hi, I have a question regarding a healthy pullback or continuation breakout in Stage 2. Maybe I am wrong but I do not see a filter on the stock screener that can find or check my own stocks for a healthy pullback. If not, do you have any suggestions on what settings I can use to help find healthy pullbacks or continuation breakouts in Stage 2 on your screener. Thanks

[John K]

Low Priority question on the daily SATA: Do the daily SATA scores utilize the same input criteria as the weekly, such as moving averages etc or is the SATA customized to daily criteria? Just trying to understand the internals. Daily SATA looks pretty neat regardless. Thanks for all you do!

[isatrader]

The Daily SATA Score has identical "relative" settings to the Weekly SATA Score. So it is much faster, as there are 5 days in a week. So there's no difference in the relative settings, it just calculates based on the daily values instead of the weekly values (i.e. 30 weeks becomes 30 days etc). Hence it's really useful for shorter-term swing trading, and things like identifying the turn after a brief pullback, when a stock is in a strong weekly Stage 2 advance and pulls back towards the short-term MAs etc.

Low Priority question on the daily SATA: Do the daily SATA scores utilize the same input criteria as the weekly, such as moving averages etc or is the SATA customized to daily criteria? Just trying to understand the internals. Daily SATA looks pretty neat regardless. Thanks for all you do!