RE: Stage Analysis Beginners Questions
(2021-05-29, 08:04 PM)isatrader Wrote: The key with the SCTR rankings is to not just focus on the strongest RS scores, but the groups that are strongly rising up the rankings on a 1 or 2 week basis. These are where you find the stocks, as you want to get into the leading stocks of the those groups while the groups are strengthening. As once they have a high score. The leaders are already obviously along way into their Stage 2 advances. This is a point that most people miss with the RS rankings. Strong groups can stay strong for a very long time. But to catch Stage 2A breakouts. You need to be looking for the next leading groups that are beginning to rise strongly and with multiple stocks in late Stage 1 or early Stage 2.
This is perhaps something I should look at in my rankings, the rate of change of the slope of the MAs. Therefore the output ranking will be of strengthening sectors. Interesting.