Screening Stocks with a Rising 30-Day Average, RSI Below 65, and No Prior-Day Limit-Up

Summary

This technical stock screen selects shares whose 30-day moving average is rising, whose 14-period RSI is below 65, and which did not hit the specified limit-up threshold on the previous day. The article frames the rising average as a trend filter and the RSI ceiling as a way to avoid stocks with relatively high readings. It provides indicator formulas and a Python example using market data and technical-analysis tools.

The article offers no backtest, return statistics, benchmark, or evidence that these conditions improve stock selection. It warns that the rules exclude fundamental analysis and that sharp market moves can distort the moving-average signal. The code example also includes a market-capitalization filter absent from the stated core logic and has data-handling details that need validation, so it should not be treated as a tested or complete implementation.

Key ideas

• The screen requires an upward-moving 30-day average and a 14-period RSI below 65.
• It excludes stocks that met the specified limit-up condition on the prior day.
• The article provides formulas and sample code but no performance evaluation.
• The rules omit fundamentals, and the sample implementation requires validation.

Tags

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