Stock Screening with Amplitude, Prior Turnover, and a Rising 30-Day Average

Summary

This post presents a technical stock screen that selects shares with amplitude above 1, prior-day actual turnover between 3% and 28%, and an upward-trending 30-day moving average. It frames the conditions as a combination of price movement, market participation, and a favorable short-term trend. Example formula and Python snippets are included, although the written rule refers to the average rising while the examples check whether price is above the average, so the implementation is not fully consistent with the stated idea.

The author notes that the screen omits company fundamentals and longer-term context, and may be less robust during unfavorable broad-market conditions. The proposed improvement is to combine technical and fundamental inputs. No backtest or performance results are supplied, and the post does not specify portfolio construction, entry and exit rules, or risk limits; the screen is therefore a candidate filter rather than a complete validated strategy.

Key ideas

• The screen requires amplitude above 1 and prior-day turnover between 3% and 28%.
• It also seeks stocks with a rising 30-day moving average.
• The example snippets test price above the average, which differs from the stated rising-average condition.
• The post warns that fundamental factors and longer-term market context are missing, and provides no backtest results.

Tags

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