Stock Screening with Weekly Moving Average Crossovers and Turnover
Summary
This stock selection method combines three filters: daily price amplitude above 1, a weekly five-period moving average crossing above the ten-period average, and turnover between 2% and 9%. The document presents amplitude as a way to find actively moving shares, the moving average crossover as a trend signal, and turnover as a liquidity filter. It also gives formula references and an illustrative stock screening script, although that script’s moving averages are calculated from daily closes rather than weekly data, so it does not fully implement the stated weekly crossover rule.
No performance results or backtest evidence are supplied. The post cautions that the technical filters rely on historical price behavior and may omit company fundamentals and industry conditions. It suggests combining the screen with those broader factors, but does not specify how to do so or demonstrate that doing so improves results. The method is therefore a basic screening idea, not a tested investment strategy.
Key ideas
- The screen selects shares with price amplitude above 1 and turnover between 2% and 9%.\nA weekly five-period average crossing above the ten-period average is used as a bullish trend condition.\nThe document presents turnover as a way to include a liquidity consideration.\nThe accompanying script uses daily moving averages, which differs from the stated weekly crossover condition.\nThe method has no reported performance evidence and may omit fundamentals and industry context.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.