Screening for Rising Lows with Amplitude and Trading Value

Summary

This document presents a stock screen requiring amplitude above 1%, prior-day trading value above 60 million, and a rising price base. The example defines a rising base as both the current low and high exceeding their previous values, intending to identify an upward progression alongside active trading. Formula and Python examples illustrate combining the three conditions.

The explanation is qualitative and includes no backtest or evidence of predictive returns. It acknowledges that a rising base can be subjective and that volatility and high trading value may concentrate selections in popular stocks. It suggests using additional technical indicators to make the pattern judgment more systematic and adding activity and diversity measures. The examples are implementation sketches, so the precise data fields and timeframe should be checked against the intended market data before use.

Key ideas

• The screen combines amplitude above 1%, prior-day trading value above 60 million, and a rising-base condition.
• The example defines the rising base by requiring both the low and high to exceed their previous values.
• The document gives formula and Python sketches but no performance evaluation.
• The pattern judgment can be subjective, and activity filters may concentrate selections in popular stocks.
• Additional indicators and measures of trading activity and diversity are suggested as refinements.

Tags

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