Screening Stocks with Rising Weekly Moving Averages and Higher Lows

Summary

This note describes a stock screen combining daily price amplitude above one percent, a weekly five-period moving average crossing above the ten-period average, and a rising-bottom condition. It presents the setup as a way to identify shares with both price movement and improving trend structure. A formula defines the moving average and estimates the rising-bottom condition using the recent minimum low and the average of the current high, low, and close.

The article also gives a Python example that filters stocks using recent daily price changes, intraday range, and distance above a recent low. That implementation does not clearly match the stated weekly moving-average crossover, so the proposed screen is not specified consistently. No backtest results or performance evidence are supplied. The author notes that the setup omits company fundamentals and suggests combining technical signals with financial, policy, industry, or valuation factors. Those additions are suggestions rather than tested improvements, and the document does not define position sizing or exit rules.

Key ideas

• The stated screen combines amplitude above one percent with a weekly five-period moving average crossing above the ten-period average.
• A rising-bottom condition is estimated relative to a recent minimum low.
• The accompanying Python example uses daily price conditions and does not clearly implement the stated weekly crossover.
• The note provides no backtest or evidence of returns.
• Fundamental, industry, and market context may be added, but the document does not test those refinements.

Tags

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