Isn't the IBD Relative Strength Rating on a scale of 1-99?
Thanks
M-Trader1
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Can it be made as to make it relative to used the 1-99 ranking formula to allow direct comparison between stocks relative strength instead of it being grounded in the stock?
@Quuh, no - the 1-99 ranking formula on IBD is calculated by comparing the relative strength of the stock against all stocks in the index. This would need a database of the stocks with updated list of relative strengths for each
Thanks