StockFetcher Forums · Filter Exchange · 52 Week low reversal<< 1 2 >>Post Follow-up
954 posts
msg #160641
Ignore miketranz
11/9/2023 2:01:48 PM

52 Week low reversal filter help.Find stocks under $10 that made a 52wk low then within 10 days broke above a 10 day MA.Thanks,Miketranz....

441 posts
msg #160646
Ignore dwiggains
11/10/2023 9:56:45 AM

close < 10
average volume (20) > 385000
close reached a new 1 year low within the last 10 days
close > Ma(10)

see ya

954 posts
msg #160648
Ignore miketranz
11/10/2023 12:29:05 PM

Great stuff.Thanks Dave

28 posts
msg #160655
Ignore sulldt
11/13/2023 4:35:46 PM

That's basically what I have been doing. Waiting till it drops back to the ema(10) to buy. Can't get any consistency. Some times it works, some times it doesn't. I tend to buy the ones where it doesn't. Can't find any indicator to weed out the don't work ones.

143 posts
msg #160665
Ignore dtatu
11/17/2023 7:02:36 PM

As they say: Wall Street wants you to buy Low - Sell High , because it does not work.
What works is : Buy High- Sell higher. ( buy into strength) .
Please, See the link here for a study on buying 52 week highs with a trailing stop of 5,10,15% , done on the Dow 30 stocks. Simple , set it and forget it.

646 posts
msg #160667
Ignore snappyfrog
11/17/2023 7:15:12 PM

Interesting read on the 52 week high backtest. I'll have to look into this.

331 posts
msg #160669
Ignore novacane32000
11/20/2023 9:06:55 AM

@dtatu A caveat on that 52-week high strategy if you read to the end

"A trader will need to be able to endure long stretches of sideways (no performance) for months and even years at a time if they plan to trade this type of strategy. This is something we discuss more in the video."

143 posts
msg #160671
Ignore dtatu
11/20/2023 6:24:26 PM

Yes; usually in “trend following “ you make your money for the year in 2-3 months . The rest, you’re in a drawdown. Do not forget: this is the Dow 30 stocks which have a high correlation with the “ stock market( S&P) .
You should make a symlist /watchlist of uncorrelated assets.They don’t go down all together.( Ex: commodities: they have almost all equivalent ETFs , at present). Sugar ( Cane) , uranium( URNM/URA), Nat Gas( UNL), etc etc. Avoid having, besides SPY , anything with a correlation of more than .7?
I’m almost certain it should work , with less lengthy drawdowns.

954 posts
msg #160672
Ignore miketranz
11/20/2023 7:36:55 PM

To clarify,the intent of this filter is not to buy at 52wk lows.The intent is to identify stocks breaking out above a (10) day ma on higher than normal volume,an abrupt change of direction/demand.It's intended to be a 1-4 day swing trade at best.That's the story.Mikeranz....

143 posts
msg #160673
Ignore dtatu
11/20/2023 8:00:13 PM

OK.My own experience in system trading ( 20 yrs+),did never produce a positive expectancy in this situation( Daily only, in a weekly +/- Monthly downtrend).
It only worked when I confirmed the same trend in 2-3different Time frames( d-wk-monthly).
But ,of course , I might very well have missed things.
“Buy High,sell Higher” (in at least 2 , ideally 3 time frames).
Basically: buy daily dips in a strong weekly and monthly trend.( personal opinion,of course)

StockFetcher Forums · Filter Exchange · 52 Week low reversal<< 1 2 >>Post Follow-up

*** Disclaimer *** does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. does not recommend particular securities., Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.

Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.