Strange SMA behavior

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  • #217681 quote
    benkunz
    Participant
    New

    Hi,

    I’m trying to create a simple screener and the behavior seems weird to me. but I guess there is an explanation somewhere 🙂

    
    TIMEFRAME(daily)
    SMA50 = average[50](close)
    SMA200 = average[200](close)
    
    c1 = SMA50 > SMA200
    
    SCREENER [c1]

    my screener returns the “AXA” stock. I’m attaching the chart of AXA. We can clearly see that the SMA50 is below the SMA200, not above. Why was it returned by the screener ?
    regards

    Capture-decran-2023-07-15-a-11.47.39.jpg Capture-decran-2023-07-15-a-11.47.39.jpg
    #217684 quote
    JS
    Participant
    Veteran

    Hi,

    I see that you work with graphs where the historical data has not been adjusted after, for example, dividend payments…

    If you do not adjust the historical data there is a chance of “gap” formation, as in your graph, which cause wrong results in your screener…

    Go to “SetUp – Platform – Charts – Customize historical data”

    benkunz thanked this post
    #217691 quote
    benkunz
    Participant
    New
    that did the trick! 🙂
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Strange SMA behavior


ProScreener: Market Scanners & Detection

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benkunz @benkunz Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by benkunz
2 years, 8 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 07/15/2023
Status: Active
Attachments: 1 files
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