CAN SLIM Investment System
CAN SLIM® Investment System
Acronym for investment system developed by MarketSmith founder, William J. O'Neil. The CAN SLIM® Investment System is based on the seven common characteristics found in his study of the greatest stock market winners of the last 45 years and is detailed in Mr. O'Neil's book, How to Make Money in Stocks.
C = Current Earnings Growth
A = Annual Earnings Growth
N = New Products, New Services, New Management, New Price Highs
S = Supply & Demand
L = Leader or Laggard
I = Institutional Sponsorship
M = Market
Some Canadian companies report their quarterly results in Canadian dollars. The earnings section indicates when company performance is based on Canadian currency.
Cash Flow Per Share From Operations
Derived by adding depreciation, depletion and amortization to the company's net income and dividing this figure by the shares outstanding. Brackets [ ] will surround the Cash Flow figure if the net income being used to derive the data is not from the most recently completed fiscal year and will indicate the year the figure corresponds to.
Change Date Calendar Event
Corporate events relating to a symbol are accessible both on the chart and in the Change Date Calendar. Expose the Calendar view by selecting the pulldown arrow in the Change Date field in the chart header. Hover the mouse over a calendar date displaying an event icon to reveal corporate event information for that date. The Change Date Calendar displays icons for the following corporate events:
- Earnings Release
- Stock Split
- New CEO
- IPO Date
- Multiple Events
For corporate events reflected on the chart, see Corporate Event.
When a stock suddenly advances at a much faster rate for one or two weeks after an advance of many months. Generally occurs in the final stages of a stock's price advance, indicating a leveling off or decrease in future price movements. Often accompanied by a gap up in price. Based on William J. O'Neil's research, many big market leaders top in this fashion.
A brief synopsis of a company's business and its primary products or services, extracted from the company's annual report or 10K. It is updated annually or when major changes in company operations occur.
The name a company is registered under with the Securities & Exchange Commission. The displayed name may not match its registered name due to space limitations.
Composite Rating, SmartSelect®
The Composite Rating combines 5 SmartSelect Ratings into one easy-to-use rating. A 90 rating means that the stock has outperformed 90% of all other stocks in terms of its combined SmartSelect Ratings. EPS and RS Rating help determine this rating, as does the stock's percent off its 52-week high. Results are then compared to all other companies, and each company is assigned a rating from 1-99 with 99 being the best.
Abbreviation of a corporate event will appear near the price line with an arrow indicating the date it occurred.
- ASE = Date stock switched to listed exchange
- CO = Cash offer
- IPO = Initial public offering
- NEW = New issue and price
- PM = Proposed merger
- PO = Primary offer
- PPO = Proposed primary offering
- PSO = Proposed secondary offering
- PSOF = Partial spin-off
- REORG = Reorganization
- SDIS = Stock distribution
- SO = Secondary offer
- SOF = Spin-off
- TO = Tender offer
- $DIS = Cash distribution
Cup with Handle
Technical charting pattern coined by MarketSmith founder William J. O'Neil. It is one of three positive chart patterns to look for when doing technical analysis of a stock. It is named such because it resembles the outline of a coffee cup with a handle.
The amount of money a security most recently traded for.