Within this article you will find some stocks that are in the moment of Greatest Short-term Strength.
How to determine the moment of greatest strength of the stock price?
A very simple method to determine if a company is in the moment of greatest strength is to check if it has just reached a new high. For example, to know if the company is in the moment of greatest strength in its entire history, it is necessary to check whether it has just reached a new all-time high, or a price / market capitalization never reached before.
The length of time to consider to check if it has reached a new high depends on the goal. Here are the periods to consider based on 4 main goals:
Maximum Short-term strength:
New 1-Month High
Maximum Short/Medium term strength:
New 3-Month High
Maximum Medium-term strength:
New 52-Week High
Maximum Long-term strength:
New All-Time High
Within this article we will focus on Maximum Short-term strength, so we will only consider companies that have just reached a New 1-Month High.
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