Stock Power Rankings
How is it calculated?
Power is calucalated using a series of simple moving averages measure the price using timeframes ranging between 15 minutes and 4 hours. The simple moving averages are also split into two periods, one to measure faster changes and one to measure the more general trend. Each simple moving average contributes a different amount to the power calculation based on a perceived importance to the overall power calculation.
What stocks are chosen?
Only data from the largest market cap American companies is analyzed.
Power values
Power values are calculated independently for each timeframe. They can range from 0 to 100 with 0 being very weak and 100 being extremely strong.