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>From "24 Essential Lessons for Investment Success" by William J. O'Neil:
"We calculate the Relative Price Strength Rating by taking a stock's price
one year ago and its price today, calculating the percentage change and then
comparing it to all other stocks over the same period."
Rik Rasmussen
Stock Analyzer mailing list moderator
http://groups.yahoo.com/group/stockanalyzer/
> -----Original Message-----
> From: the_chairmann [mailto:jhart_1972@xxxxxxxxx]
> Sent: Sunday, August 03, 2003 9:37 AM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] IBD relative strength
>
>
> Does anyone know how Investors Business Daily calculates this
> figure? I checked their website but had no luck finding anything
> detailing their criteria. I am trying to create a releative strength
> exploration showing the strongest performing stocks
>
>
>
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