Selecting Stocks by Weekly Moving-Average Crossover and Prior Limit-Up Exclusion

Summary

This stock screen selects for price amplitude above one, a weekly five-period moving average crossing above the ten-period average, and no limit-up session on the previous day. The stated rationale combines volatility and a rising trend while excluding stocks that recently made an unusually large upward move. The article also sketches indicator and Python-based screening examples.

No backtest results or performance evidence are presented. The article cautions that the screen depends on the pace of price gains and remains exposed to market and individual-stock risk; a limit-up move does not by itself demonstrate improving value. It suggests adding fundamental analysis and refining price-change filters. The example implementation should be treated cautiously because its crossover condition is not clearly expressed as a standard crossing event, and the post does not establish that the code faithfully implements the described rules.

Key ideas

• The screen combines an amplitude threshold with a bullish weekly moving-average crossover.
• It excludes stocks that reached a limit-up price on the prior day.
• The proposed rationale is to find rising stocks while avoiding names with a very recent sharp gain.
• The article provides no historical performance results.
• The screen omits fundamental analysis and remains exposed to market and stock-specific risk.

Tags

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