Every liquid EGX name whose latest completed daily close is above its
5, 10, 20, 50 and 100-day simple moving averages. A discovery list of
stocks in an established uptrend — it deliberately does not require the
averages to be stacked in order or RSI to be low, so strong runners the other screens
filter out still show up here, marked when they look stretched.
Sectors:
#
Ticker
Sector
Price
In state
> MA20
Ext (ATR)
RSI
Stacked
Flag
20d Value
Not backtested — read this before using the list.
This page encodes a trader's rule of thumb (price above the 5, 10, 20, 50 and 100-day simple
averages). Unlike Market Scan's five patterns and Trend Screen, no historical test
has been run on it, so there are no win-rate or R figures here and none should be
inferred. It tells you a stock is in an uptrend by this definition; it does not tell you the
entry is a good one.
The length of the list depends on the market — in a broad rally most
of an index sits above its averages, in a weak tape very few do, so membership alone says
little about the stock versus the market. Any real edge would have to be shown against the index over
the same holding period (the way the Semsem backtest does), which is the open next step.
The In state column is the part worth watching: a name that has been above all five
for a few sessions is a different situation from one that has been there for months. The
stretched flag exists because the strongest runners often look overbought by RSI at exactly
the moment they are working — it marks them instead of hiding them, and entering a
stretched name is chasing, whichever screen found it. Rows describe current indicator state,
never a buy or sell instruction. The universe is a present-day listing, so survivorship bias
applies.
A • next to a price means that day's bar hasn't been confirmed yet.