What's this all about?

Every week we scan and test all the stocks on the major exchanges as part of our Alert HQ process. We look at multiple technical indicators including a few that we have devised here at TradeRadar. In addition, we perform fundamental analysis on the stocks to identify those situations where the value proposition appears to be attractive.

- Value Stock BUY Signals

Using daily data, we look for stocks that have broken out above their trend lines. Trend lines are constructed using the daily high prices. A stock must rise 5% above the trend line to trigger a BUY signal.

Out of this group of stocks on the move we identify those that have "reasonable value" characteristics according to the following criteria:

• PE between 0 and16
• PEG between 0 and 1.2
• Price-to-Sales less than 2
• Debt-to-Equity less than 1
• EV to EBITDA less than 10

Download the data

Scroll down to review this week's data in a tabular format. Alternatively, you can download the data in a spreadsheet format by clicking on the following link:

Download Trade-Radar Trend Busters Special Value Situations
-- a list of value stocks that are breaking out