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

Summary

This screening approach ranks stocks by relative volume and keeps the top group, then filters for a close between the Bollinger middle line and upper band and a rising 30-day moving average. The post interprets relative volume as a sign of capital activity, the Bollinger range as elevated price movement, and the rising average as an upward trend condition.

The document gives a rule description but no backtest, sample, or performance evidence. It notes that reliance on capital-flow and technical measures may overlook fundamentals, longer-term movement, and other drivers of price. It recommends adding business and industry analysis, other indicators such as MACD or RSI, and longer-term trend checks, but does not provide tested parameters or results for these modifications.

Key ideas

• The method ranks stocks by relative volume and retains the highest-ranked group.
• It requires the close to be above the Bollinger middle line and below the upper band.
• It also requires the 30-day moving average to be rising.
• The post cautions that technical and flow measures can omit fundamentals and longer-term context.
• Suggested additions are discussed but not evaluated with results.

Tags

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