The running up now alerts notify the user when a stock price is trading up much faster than expected. The running down now alerts report when the price goes the other direction, trading down much faster than expected.
We offer several versions of the running up and down alerts. These two work on the shortest time frame. These look for trends which would be most obvious on a 1 minute chart. These two alerts offer no confirmation, and can be set off by a single print. As a result, they often detect a trend more quickly than the other running alerts. They are also the simplest to understand because you can see everything they are doing if you watch a 1 minute candlestick chart.
These alerts can be used to answer questions like, “show me stocks which have moved at least 25 cents in the last minute.” We always report the size of the move in the description of the alert. You can also filter based on that information. We only display the size of the move, because the timeframe is always 1 minute. If you want to see similar information for longer time frames, look at Min Up 5 and related filters.
Like all of our running alerts, you do not need to add your own filter. The server will never display a move which is not unusual for that stock. For example if you ask to see every time Google moves a penny, the server will ignore your request. However, these two alerts have the simplest filters of all the running alerts. If you want to see stocks moving a specific amount, use these two alerts.
These two alerts are based on the same mathematical models that we use to examine candlestick charts. If you are looking at stocks with ugly candlestick charts, you should consider one of the other running or down alerts listed below. Examples include candlestick charts where candles are frequently missing or empty, where candles are flat more often than not, where many candles are almost as big as the entire chart, or where gaps between the candles are often almost as big as the entire chart. Any time the short term candlestick chart doesn’t look like the pictures of charts in books on trading, you should consider one of the other alerts. The other alerts use more statistics to find the trend and additional data to confirm the trend.
All of the running alerts are available before and after hours. However, the confirmation required for most of these alerts makes it hard for them to fire at these times. The running up and down now alerts may be more appropriate than the other alerts before and after hours.