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This strategy involves selecting stocks with specific price movement characteristics to optimize investment opportunities.
1. Price Decline Rate Over Past 20 Trading Days (Compared To Past 250 Trading Days) (insignificant): Stocks with a price decline rate of less than 84.82% over the past 20 trading days may indicate a potential for price recovery or stability.
2. Price Position Relative To 20 Day Bollinger Band (insignificant): Stocks with a price position below 94.91 relative to the 20-day Bollinger Band may suggest a potential for price increase or stability.
3. Bias Ratio between Price Today and 20 Day Volume-Weighted Average Price (moderately significant): Stocks with a bias ratio of -0.95% or higher may indicate a potential for price appreciation based on volume-weighted average price analysis.