Stock Screening with Rising Lows, Amplitude, and RSI

Summary

This equity screen selects stocks with amplitude above 1, rising lows, and a 14-period RSI below 65. The conditions aim to identify shares that have substantial movement while showing a rising price floor and avoiding an overly high RSI reading. The document provides a formula reference and a Python outline, including a rolling-window method for assessing whether lows are rising and a note that selected stocks may be sorted by percentage change.

The article warns that technical indicators can lag or fail, and that individual stocks may face volatility or manipulation risk. It offers no backtest, performance data, or precise evidence that the conditions predict returns. It suggests broadening the analysis with other indicators, price-volume measures, fundamentals, and contextual information, so the screen is best understood as an initial filter rather than a complete strategy.

Key ideas

• The screen requires amplitude above 1, rising lows, and a 14-period RSI below 65.
• Rising lows are used as a proxy for a more stable or improving price floor.
• The document outlines formula and Python implementations of the screening logic.
• The article cautions that technical indicators may lag or fail and stocks retain individual risk.
• No results or backtest evidence are supplied to demonstrate predictive value.

Tags

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