A Turnover and Moving-Average Screen with Simultaneous Technical Signals
Summary
This Supermind screening concept selects stocks with turnover between 3% and 12%, an opening price near the 10-day moving average, and three technical indicators signaling a bullish crossover. The article gives a formula-style example that places the open within 5% of the moving average and combines RSI comparisons, EMA and MACD conditions, and a recent-low condition. These examples offer a rough translation of the screen into indicator rules, but the document reports no backtest or measured results.
The method focuses on price and trading activity and omits company fundamentals. The author warns that market conditions can distort technical signals and that adding too many indicators can make signals conflict. The illustrative formula and code do not clearly implement three simultaneous crossovers; some conditions may represent different events or proxies. The screen should therefore be treated as an unvalidated technical filter, with its indicator definitions and timing clarified before any performance evaluation.
Key ideas
- The screen combines 3%–12% turnover, an opening price near the 10-day average, and three bullish technical signals.
- The example places the opening price within 5% of the 10-day moving average.
- The formula uses RSI, EMA, MACD, and recent-low conditions as illustrative technical filters.
- The article identifies missing fundamental analysis and conflicting signals as risks, and gives no performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.