This is my Standard Tech Screen and it is loosely based on the principles laid out in the 2 books produced by Mark Minervini.
The basics of it are to invest in stocks where there is interest. To invest in stocks where the 52 Week High is 50% greater than the 52 Week Low AND where price is within 25% of that High. Confirmation of interest comes from the alignment of 3 Moving Averages (MA’s), the 50, 130 and 200 Day MA.
I am also interested in stocks that are established enough to have liquidity and interest, with plenty of room to grow. But, I am not interested in stocks that are too big that they don’t have room to, double or so, in a couple of years or so. For this reason I filter out stocks with a Market Cap below £30m and above £500m.
Certain sectors are just too complicated for me and some just don’t really fit my fundamental approach. For that reason I exclude stocks in the following Industry Groups…
- Oil & Gas
- Oil & Gas Related Equipment and Services
- Renewable Energy
- Metals & Mining
- Industrial Conglomerates
- Holding Companies
- Real Estate Operations
- Residential & Commercial REITs
- Collective Investments
The above is a screen shot from my Stockopedia account.