Stock Screening with Relative Volume and a Rising 30-Day Average

Summary

This stock-screening idea combines relative trading volume with a short-term trend filter. It ranks stocks by the volume ratio, treating higher readings as signs of stronger recent trading activity, and selects the top-ranked names. A second condition requires the 30-day moving average to be rising while the share price remains above that average. Together, the filters seek stocks with elevated activity and an upward price trend.

The source acknowledges that volume ratio reflects short-term activity and may not represent sustained capital flows. The 30-day average likewise describes a limited trend window, so the screen can favor moves that are already unusually strong. It suggests adding measures such as turnover, trading volume, MACD, or Bollinger Bands to refine the selection. These are proposed refinements rather than evaluated results: the document provides no backtest methodology, returns, risk statistics, or evidence that the screen is profitable. Its reference to a year in the original heading does not supply a tested performance period.

Key ideas

• The screen ranks stocks by relative volume and selects the highest-ranked names.
• It requires the 30-day moving average to rise and price to trade above it.
• Relative volume indicates recent activity but does not establish persistent inflows.
• A short moving-average trend filter can select stocks after strong moves.
• The suggested additional indicators are proposed refinements, not tested results.

Tags

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