Stock Screening with Turnover, 10-Day Average Proximity, and Money Flow
Summary
This stock selection method filters for turnover between 3% and 12%, an opening price within roughly 5% of the 10-day moving average, and money-flow volume greater than its prior reading. The post frames the last condition as ranking or selecting for stronger capital activity, while combining it with a short-term price-location rule. It provides formula and Python examples that translate these conditions into filters.
The discussion warns that money-flow measures can fluctuate sharply and that relying heavily on them may obscure other relevant market or company information. It suggests broadening the turnover or price bands and combining the screen with additional fundamental indicators. The article offers no backtest, returns, benchmark, or evidence that its claims of investment opportunity hold; the screen is a basic selection recipe whose results would depend on data definitions, timing, and subsequent evaluation.
Key ideas
- The screen constrains turnover to a range from 3% through 12%.
- It selects stocks opening within about 5% of their 10-day closing-price average.
- It requires money-flow volume to exceed its previous observation.
- The post cautions that money-flow readings can be volatile and incomplete as a standalone selection basis.
- No backtest or performance evidence is supplied.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.