StockViz tracks more than a thousand different equity based variables and metrics on a daily basis. Our Intra-day scanner is based on our Anomaly Detection Algorithms that are constantly scouring stock-market action to surface trade ideas.
Average True Range (ATR) Anomalies
Stocks trade within a daily range. The range, per se, is dependent on liquidity and intrinsic volatility of the stock. However, occasionally, a stock starts trading outside of its typical daily range, as measured by ATR. This gives an opportunity to traders to either bet on mean-reversion or continuance. Our ATR Anomaly Detection Algorithm surfaces stocks that break-out both on the upside and on the downside.
Bollinger Band Anomalies
Bollinger bands are volatility bands placed above and below a moving average of a stock’s daily close. When stocks break-out above its upper band or below its lower band, it signifies that “something” is afoot. Savvy traders can now step in and either bet on mean-reversion or continuance. Our Bollinger Anomaly Detection Algorithm surfaces stocks that break-out both on the upside and on the downside.
You can see these algorithms in action at stockviz/Scan
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