Stock Filter can perform the following Price tests on the closing prices:

• If prices are above, below or within selected dollar values
• If prices are above or below short or long moving averages
• Whether or not there are any up or down price gaps
• If prices are approaching (but not exceeding) previous highs or lows

Closing price Greater Than:

Use this filter to set a minimum price. This is useful if you want to eliminate "penny" stocks or lower priced stocks.

Closing price Less Than:

Use this filter to set a maximum price. This is useful if you want to eliminate high priced stocks. Turning "ON" both "Greater Than" and "Less Than" settings will only identify stocks between the ranges selected. If you do not select any price settings, Stock Filter will perform the analysis on all securities.

Price vs. SMA or LMA:

You can select whether prices are above or below the SMA and LMA. The moving average calculation is based on the time selected in the "Moving Average" tab.

Price Gaps:

Use this filter to select up or down price gaps. There is no limit to the size of the price gap. Stock Filter will identify all price gaps in the direction desired.

Price Approaching Previous High or Low:

This is a powerful feature if you want to identify securities about to break to new highs (or lows). The concept behind this filter is to give advance notice of securities approaching their previous highs (or lows). For example (below), using the default values above, Stock Filter will look back 80 trading days to determine the highest high during that time period. If the closing price of the security is within 95% of that high, it will pass the test. If all other criteria are met, the security will be included in the result. An example of this is shown in the following chart, which was identified using the default values: