Author of Secrets for Profiting in Bull and Bear Markets
Stan Weinstein
Technical analyst whose 1988 book laid out Stage Analysis: every stock cycles through basing, advancing, topping and declining stages, and the 30-week moving average tells you which one you are in.
What they argue
- Buy only in Stage 2: a breakout above a base, with price above a flat-to-rising 30-week moving average. Avoid stocks in Stage 4 declines.
- A valid breakout should come on heavy volume, ideally at least twice the recent average.
- Confirm buys with relative strength against the market that is improving and, ideally, positive, as plotted on Mansfield charts.
Sources
Summaries are Be The Puck's paraphrase of public material. Be The Puck has no affiliation with the people listed.
Books and papers
- Stan Weinstein's Secrets for Profiting in Bull and Bear Markets (1988)
Weinstein Stage Analysis
Rule and full recordTrend following · weekly
The 30-week moving average splits a stock's life into four stages. Own it only in Stage 2, when price is above a rising average.
Best risk-adjusted results against buy and hold:
Weinstein Stage 2 with Mansfield relative strength
Rule and full recordTrend following · weekly
Weinstein's two core buy conditions together: price above the 30-week average, and the stock beating the market on his Mansfield relative-strength line.
Best risk-adjusted results against buy and hold: