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Technical Indicator
Max pain range compression
A screen that highlights symbols that have lost the most on a percentage basis compared to their peers. In addition, today's range is compressed like a spring. These candidates may be more likely to make an extreme move out of the narrow range. The probability of a large move is increased while the initial risk required is reduced. Formula = 100*(10D hi - Price)/(Range/ATR) or 100*(10D hi - Price)/(Range).