A Stock Screen Combining Seven Down Days with a Rising 30-Day Average

Summary

This stock-selection idea combines three conditions: a rising 30-day moving average, seven consecutive down sessions, and a reported increase in holdings above 5%. It pairs a medium-term upward trend with recent weakness and a buying-activity measure, seeking stocks that have pulled back while the broader trend remains positive. The document also proposes adding a MACD crossover with an expanding histogram and an RSI below 50, plus volume analysis, as further filters.

The post provides no backtest, performance results, or evidence that the conditions predict returns. Its example code does not fully implement the stated screen: it omits the seven-down-day and rising-average checks, and its MACD condition does not clearly correspond to the described crossover. The source also does not define how the holdings measure is calculated. Treat the rules as a screening hypothesis, and validate signal definitions, data quality, trading costs, and out-of-sample performance before use.

Key ideas

• The screen combines a rising 30-day average with seven consecutive down sessions and a holdings increase above 5%.
• The setup juxtaposes a positive medium-term trend with recent price weakness.
• The post suggests MACD, RSI, and volume as additional filters.
• No performance evidence is provided, and the example code does not implement all the stated conditions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.