Stock Screening with Weekly Moving-Average Crossovers and Recent Highs

Summary

This post presents a stock screen requiring amplitude above 1, a weekly five-period moving average crossing above the ten-period average, and the current high to be the highest across the stated recent two-day window. It describes the crossover as a possible trend reversal and the recent high as a sign of short-term upward strength. The proposed process is to screen candidates and then review their fundamentals and business prospects before short-term investing.

The post includes formula and Python examples, plus suggestions to add technical or fundamental checks and avoid excessive rebalancing. However, it offers no backtest, performance evidence, or defined entry, exit, and risk rules. Some example code and descriptions appear inconsistent: the stated cross is not clearly represented by the formula, and the code’s recent-high window differs from the prose. The amplitude condition is also presented without much context. These issues mean the screen needs careful implementation and validation before use.

Key ideas

• The proposed screen combines an amplitude threshold, a weekly moving-average crossover, and a recent-high condition.
• The author interprets the crossover as a possible trend change and the high as short-term strength.
• The post recommends further fundamental review and attention to trading frequency.
• No backtest or performance evidence is supplied.
• The sample code and formulas do not fully align with the written conditions.

Tags

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