Mailbag: Stale Charts and Carpet Screens

(Posted 18 October 2000)

 

Q: Why are the charts on certain stocks sometimes not current, but reflect the previous day's closing?

A: That can happen for one of two reasons:

  1. You are looking at a locally-cached version of the chart. Use your browser's refresh button to re-request the chart.
  2. It is the first time anyone has requested the chart for that particular day and our data feed was unavailable at the time of the request. The feed is usually only unavailable for a moment or two so you should wait a couple of seconds and then use your browser's refresh button to re-request the chart.

In either case, the solution is the same: use your browser's refresh button to re-request the chart.

Hope this helps,
Chip Anderson

Q: Is there a way you can show charts of stocks where the Bollinger Bands are compressing? I like to see these charts because it indicates the stock is about to make a move up or down. The JDSU chart is a great example where the Bollinger Bands compressed in the 120 area and the stock got crushed down to the 80s.

A: You can use the Bollinger Bands feature on the Major Indices Carpet to isolate Nasdaq 100 stocks with narrow bands.

Click on the Nasdaq 100 at the top to isolate the stocks in that index. You can right and left click to view pop up menus.

Setting the top left drop-down menu to "Bollinger Band Width" will allow you to see stocks with a narrow Bollinger Band spread. Make sure the Delta button (it's the little Greek triangle at the top left) is clicked so the range of colors does not show any red and ranges from pale green to dark green only. The lightest squares will show stocks with the narrowest Bollinger Band spread. These stocks may be about to make a move. However, Bollinger Bands do not provide a directional indication. For that, you will have to hover over the square, left-click the mouse and look at a chart.

Cheers
Arthur Hill