Hi guys, I shared the sheet with everyone who dropped their emails. If anyone else is left, feel free to reach out.
I want to outline a few things here :
- I've added a new sheet which is solely for undervalued, fundamentally strong stocks. There's no signal for these. They can be picked up anytime as long as valuation is good and be held for a considerable period.
- The other two sheets have signals which are generated by models. These models have been picked up from a research paper. The signals are generated only based on price and volume data, so discretion is advised on your part as there could potentially be other events affecting the price.
- A simplistic way to interpret any signal is this : if price has been going down for the past few days but the volume has been increasing, there is a tendency of price reversal in coming days and so the model will show a high positive value in green. It does not mean the price will reverse immediately. The fall might even continue further or there might be some other factors contributing to it which are not captured here. Same goes for the other way round. In future I will optimize it and add more data to capture company fundamentals and news sentiment as well.
Feel free to reach out of you have any questions.