- The current price of the security must be greater than the 150 and 200-day simple moving averages.
- The 150-day simple moving average must be greater than the 200-day simple moving average.
- The 200-day simple moving average must be trending up for at least 1 month.
- The 50-day simple moving average must be greater than the 150 simple moving average and the 200 simple moving average.
- The current price must be greater than the 50-day simple moving average.
- The current price must be at least 30% above the 52 week low.
- The current price must be within 25% of the 52 week high.
Financial Literacy and Technical Analysis - Richard Moglen
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