Screening for Rising Moving Averages and Price Near the 10-Day Average

Summary

This post describes a proposed stock screen combining an upward-trending 30-day moving average, an opening price near the 10-day average, and at least five overlapping moving averages. It presents these conditions as a way to find stocks where several averages converge while the broader short-term direction is positive. The page also includes sample code intended to calculate moving-average relationships and filter a stock universe.

The code is incomplete and inconsistent: some variables are undefined, the stated count of crossings does not clearly establish five averages overlapping, and the upward-direction comparison appears questionable. The post gives no backtest, performance evidence, or concrete implementation details for the final selection rule. Treat it as a rough screening idea that would need precise definitions, corrected calculations, and out-of-sample testing before use.

Key ideas

• The proposed screen looks for a rising 30-day average and an opening price near the 10-day average.
• It also seeks convergence among at least five moving averages.
• The supplied code is incomplete and does not reliably implement the described conditions.
• No backtest or evidence of profitability is presented.

Tags

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