A Weekly Moving Average and RSI Screen for Volatile Stocks

Summary

This stock screen combines three technical conditions: amplitude above 1, a weekly five-period moving average crossing above the ten-period average, and RSI below 65. The document presents these as a way to find volatile shares with a possible upward trend change and a relatively subdued RSI reading. It also includes example indicator logic and Python code intended to illustrate screening, though the code’s checks do not fully match the stated weekly-cross rule.

Key ideas

• The screen requires amplitude above 1, a weekly MA5 crossing above MA10, and RSI below 65.
• The moving-average cross is intended to flag a possible trend change.
• The document treats the RSI threshold as a sign that a stock may be relatively subdued.
• The author cautions that moving averages and RSI lag and that volatile stocks carry elevated risk.
• The suggested refinements include combining technical and fundamental analysis and using stop losses.

Tags

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