earnings 3days ago with price drop

[c3rfc1]

I could use some help writing a scan. I would like to scan for stocks that reported earnings three days ago and have had a drop in price.

 

[SleepyZ]

I could use some help writing a scan. I would like to scan for stocks that reported earnings three days ago and have had a drop in price.

Put this in a study filter in the scanner and change the days as desired. Set the aggregation to DAY.

input days = 3;
plot scan = HasEarnings() from days bars ago and close is less than close from days bars ago;

 

[c3rfc1]

Put this in a study filter in the scanner and change the days as desired. Set the aggregation to DAY.

Thank you so munch for your help on this. I was making this way more complicated than it had to be

 

[c3rfc1]

I have been using this scan for some time now. I added a few filters to reduced the number of stocks being returned.
Before looking at the earnings report or analyst commentary you can surmise the company beat top and bottom line estimates. The price drop usually occurs because of something said during the press conference. A negative comment such as growth may slow in the next quarter, or we are experience pressure on margins, etc. An interpretation of such a negative comment means the company announcing an early warning not expect the same results next earnings period.
I watch and wait for a signal to buy. I use a pivot in price structure. I mean we want to see a green candle (closing price higher than opening price) and its low is greater than the low of the last red candle (yesterday’s low). Works great.