Screening for Seven Down Sessions and Multiple Technical Crossovers

Summary

This proposed stock screen looks for RSI below 65, seven consecutive down sessions, and simultaneous bullish crossovers in moving averages, MACD, and KDJ. The article presents the combination as a possible way to identify rebound candidates after an extended decline, with the crossover signals intended to add confirmation across trend and momentum measures. It includes formula descriptions and a Python example that also applies market-capitalization and exchange filters.

No backtest, selected stocks, or returns are reported, so the suggested rebound opportunity is not supported by performance evidence. The prose describes three indicators crossing upward, while parts of the example check current indicator levels or directional changes rather than explicitly detecting a crossover between periods. The article also notes that technical filters omit company fundamentals and policy or industry risks, and suggests adding financial measures. The thresholds and signal definitions would need careful specification and point-in-time validation before testing this as a strategy.

Key ideas

• The screen combines RSI below 65, seven down sessions, and moving-average, MACD, and KDJ bullish signals.
• The example adds market-capitalization and exchange filters beyond the stated core conditions.
• The article gives no performance evidence for the proposed rebound setup.
• Some example checks may not implement a crossover as described in the prose.
• The author flags missing fundamental and market-risk considerations.

Tags

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