A Weekly Moving-Average Crossover and Momentum Stock Screen
Summary
This stock-selection idea combines an amplitude filter with a weekly moving-average crossover and a condition described as the start of a strong upward move. The intended approach is to identify stocks near the beginning of a rising trend, then assess them for investment. The accompanying discussion frames it as trend following and suggests considering company fundamentals alongside the technical signals.
The post includes example screening logic and sample code, but the definitions are not fully consistent: the prose refers to weekly five- and ten-period averages crossing upward, while the examples use conditions that may not faithfully implement that description. The amplitude condition is also not clearly defined, and the “main rise” signal is only loosely specified. No backtest results or evidence of profitability are provided. The author notes that fundamental factors, market risk, and investor sentiment are omitted from the core screen and suggests further validation and risk control.
Key ideas
- The proposed screen combines an amplitude threshold with a weekly fast and slow moving-average crossover.
- A separate condition is intended to identify the beginning of a stronger upward move.
- The method seeks early participation in a trend and is presented as a stock-selection filter.
- The examples do not define all conditions clearly and may differ from the prose description.
- The post gives no performance evidence and acknowledges that fundamentals and market risks are not captured.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.