Stock Screening with Buying Pressure, Enterprise Type, and a Rising 30-Day Average

Summary

This note outlines an equity screening idea based on three inputs: a daily position-increase ratio above 5%, a selected enterprise type or industry, and an upward-sloping 30-day moving average. The article interprets the position-increase measure as evidence of recent buying interest and the moving average as a positive price trend. It recommends selecting industries considered attractive, giving technology and healthcare as examples, and proposes adding an upward Bollinger Band trend as a further condition.

The article discusses several limitations: the buying measure may be distorted by market sentiment, industry choice is subjective, and short-term price swings can affect the moving-average signal. It suggests smoothing the buying measure and combining multiple indicators. No backtest, performance record, or clear definition of enterprise type is provided, and the code excerpt is incomplete. The proposed refinements are recommendations rather than validated rules, so the screen is best treated as a starting point for research rather than a demonstrated trading strategy.

Key ideas

• The proposed screen combines a daily position-increase ratio above 5%, an enterprise or industry classification, and a rising 30-day average.
• The article treats recent buying interest and upward price direction as complementary selection signals.
• It suggests considering technology or healthcare sectors and adding a rising Bollinger Band condition.
• Market sentiment, subjective sector choices, and price volatility may weaken the signals.
• No backtest evidence is given, and the code example is incomplete.

Tags

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