Stock Screening with Rising Lows, Moving Average Crosses, and Range
Summary
This stock screen combines a price-amplitude threshold, simultaneous moving-average crossovers, and rising lows. The proposed interpretation is that progressively higher lows during a decline may signal a possible reversal. The document sketches a formula-based screen and a Python example that selects stocks meeting crossover and rising-low conditions, then ranks candidates by traded value. The formula and code examples are not fully consistent: the stated amplitude condition is not clearly applied in the Python filter, and the code’s crossover conditions differ from the prose description.
The source cautions that higher lows do not guarantee an advance and that technical signals omit company fundamentals. It recommends considering fundamental and other factors and managing risk. No backtest results or evidence of predictive performance are supplied, and the example’s implementation details would need review before use.
Key ideas
- The screen combines a range threshold, moving-average crossovers, and progressively higher lows.
- Higher lows are presented as a possible reversal clue, not a guarantee of rising prices.
- The examples rank qualifying stocks by traded value, but their conditions are inconsistent.
- The source warns that technical-only selection ignores fundamentals and provides no performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.