Combining Rising Lows, Stock Volatility, and Earnings Growth in a Screen

Summary

This stock screen combines a price-amplitude threshold, a condition described as rising lows, and year-over-year growth in net profit attributable to parent-company shareholders. The stated earnings-growth range is above 20% and at most 100%. The article also proposes excluding special-treatment shares and selling when price falls below the Bollinger middle band. Its formula examples add filters involving MACD, the Bollinger average, and an upper-band condition.

The document provides indicator formulas and Python-oriented pseudocode, but it does not report a backtest, benchmark, sample, or realized performance. The code and prose do not align cleanly: the Python example uses ROE fields for the profit-growth condition, and its sell signal differs from the stated middle-band rule. The author notes that the screen may miss stocks, relies on limited fundamental inputs, and can be affected by market and macroeconomic conditions. These discrepancies mean the examples should be treated as an outline rather than a verified implementation.

Key ideas

• The screen combines price amplitude, rising lows, and a specified range of year-over-year parent-company profit growth.
• The proposed rules exclude special-treatment shares and use a Bollinger middle-band breach as an exit condition.
• The examples add MACD and Bollinger filters to the selection logic.
• The article supplies no performance evidence, and its prose, formulas, and Python example contain inconsistencies.
• The author identifies limited fundamental coverage and changing market conditions as risks.

Tags

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