JD1 LSE Rankings - Week Ending October 30th

Methodology/Score Calculation

Average Score

To get the average score, I use a method based around the Ichimoku cloud calculation (Ichimoku - Investopedia)

I have collected the historical WEEKLY data over the last year for every stock.

Weekly data has been chosen to provide a greater base of reliable data, the final figure is collected after the close of the market on Friday, according to the Excel Stock feature.

The calculations include

The Conversion line: The highest, and lowest values, in the last 9 closing periods, divided by 2

The Base line: The highest and lowest values, in the last 26 closing periods, divided by 2

Leading Span A: The Conversion + Base / 2

Leading Span B: The maximum and minimum value, of the last 52 closing periods, divided by 2

In comparison to the traditional ICHI calculation, I have omitted high and low intraday figures.

On a chart, the presence of Line A, and Line B would produce the basic cloud image. We are predominantly looking for stocks with a price that is above the cloud.

The highest figure of the two spans (the top of the cloud), is then used, with the current SP to calculate an average (e.g if the SP is 10, and the highest figure of both A/B is 5, then the average is +100% )

Trend score

If the figure of Leading Span A is above B, we are saying the trend is UP, and if it is the opposite, we are saying the trend is DOWN. Each holding is given a score based on the percentage that they are UP or DOWN, in relation to the top of the ‘cloud’, i.e the highest figure of Leading A or B

So its the Average score + the RSI score + the Trend score, gives the final score, note this is universal for all sectors

RSI Score

The RSI is calculated using the standard RSI method, over 14 previous periods, with the score being calculated in relation to the RSI figure of 70 (overbought)

E.g A holding with a RSI of 70 is a score of 0, while a holding with an RSI of 30 scores 0.57. Anything above 70 is given a minus score.

All rebalancing, will be consistent and will be conducted on the open of the relative Monday morning, this allows the decision making to be made consistently.

Issues

Volume/Liquidity

Some stocks that are going to place high on the rankings, don’t have fantastic volume/spread characteristics, I will need to make decisions on whether to buy certain holdings, on this metric.

I am not trusting the system blindly, each decision will be looked at further.

I also want to avoid using these metrics in the score calculation for now, as I am wary of putting too many variables in play

Fractional capabilities

T212 is not quite there yet with all of the holdings being fractional, and thus going in the pie, so hopefully as time goes on, this will only improve.

In addition, all orders will be market orders.

Methodology

It is not mathematically pure, of that I know. Please feel free, if you think of anything that can help or assist to make the methodology more reliable, but this an admission, that mathematically perfect, is it not.

You will notice I’ve omitted healthcare completely, as I’m not sure this is the right strategy for the majority of that sector, at the moment, I may run more tests.

I’ve also combined some sectors to add balance (i.e Communications and Utilities, Industrials and Materials), due to depth of the exchange.

Nature of the Stock Market

The nature of the market, any external factor can throw everything off course within a moment,

It also must be noted, that as soon as the market opens on Monday morning, the data loses its 100% accuracy, as such this is why data is collected and confirmed on Friday, and looked at over the weekend.

FX

All stocks are subject to fluctuations of the relevant FX rate

Measures of Success

I am simply looking to be profitable every month, and keep losses inside low % ranges

Any profit made at the end of the cycle, will be added into the pie on rebalancing.

The screener was designed to rank and weight stocks based on Growth, and Relative Strength, so that I could implement both mid-long term strategies, and short term (swing trades). I can filter between the two if needed.

Mid-long term

I’m looking to create pies with specific sectors that have a healthy % of promising growth in the figures, in which I have done in the US Tech, and Financial sector, to positive success so far, very early days though! I’ve shared the links below.

To start a pie, I’m looking primarily for + Growth, holdings that are trending UP, with the average RSI below 70 (as an entry point!). There is no maximum amount of holdings, I will fill the pie with as many of the qualifying stocks as I can, up to the 50 permitted. I’m still experimenting in regards to balance %.

I don’t have any LSE pies at the moment, but am looking at Tech and Consumer sectors, as potential in the future, or even potentially a ‘LSE PIE’, in its entirety.

I will aim to review, rebalance and update each Pie on a monthly basis.

Short-term

I’m looking for edges in regards to stocks that have positive growth, but have fallen in regards to the RSI index indicating that there may be an opportunity for a reversal,

Notes for this week

The presentation has changed slightly, to give more detail on the % percentage between a holding trending UP or DOWN, using the MACD indicator, along with the average calculation

Current pies -

US TECH result - equal balance: - 1.5%

US FINANCE result- split balance: - 2.5%

Notes about current pies

So we have come to the end of the phase regarding our pies, and we took a HIT this week, in line with most of the market, the nature of the market is something discussed in the issue heading as something that can affect us, but we are content (although frustrated we fell from healthy profits in 2 weeks), that the losses were minimal

That said, I’m making the decision to hold off creating new pies for the next 2 weeks, due to the nature of the market at the moment, with the plan that hopefully we can come back in, at a point that is more valuable.

LSE PIE - practice - equal balance

In addition, I am going to create an LSE practice pie this week, with the hope of implementing it in the future, should the result be positive, although the macro environment may question its validity, we are going to track it anyway

www.trading212.com/pies/dSyqW3Jj5LkJMhcLyElb6B0qF8mmf

Moving on to the week ending October 30th… I am going to post rankings but urge CAUTION that this is a fairly volatile time, to say the least…

Week ending October 30th

Top 20 - Average Growth %

# Name SECTOR AVG (%) TREND (MACD) % RSI
1 AO WORLD PLC (XLON:AO.) CONSUMER 47.40% UP: 14.38% 46.05% 87.72
2 MIRRIAD ADVERTISING PLC (XLON:MIRI) IND.MAT 41.40% UP: 17.19% 28.34% 77.71
3 G4S PLC (XLON:GFS) CONSUMER 25.05% UP: 12.29% 51.57% 67.48
4 888 Holdings Public Limited Company (XLON:888) CONSUMER 23.79% UP: 18.63% 29.22% 76.05
5 XAAR PLC (XLON:XAR) TECH 23.41% UP: 24.07% 26.57% 68.30
6 LAMPRELL PLC (XLON:LAM) ENERGY 22.71% DOWN: -3.11% 218.68% 56.77
7 TREMOR INTERNATIONAL LTD (XLON:TRMR) COMMS.UTIL 22.21% UP: 8.08% 110.72% 72.91
8 MPAC GROUP PLC (XLON:MPAC) IND.MAT 21.21% UP: 12.60% 38.20% 68.02
9 WILLIAM HILL PLC (XLON:WMH) CONSUMER 20.95% UP: 22.41% 37.22% 69.55
10 HALFORDS GROUP PLC (XLON:HFD) CONSUMER 20.95% UP: 22.96% 41.31% 69.84
11 ARGO BLOCKCHAIN PLC (XLON:ARB) FINANCIALS 20.54% UP: 6.70% 191.46% 61.15
12 VICTORIA P.L.C. (XLON:VCP) CONSUMER 20.47% UP: 12.21% 114.03% 66.37
13 CERES POWER HOLDINGS PLC (XLON:CWR) ENERGY 19.74% UP: 19.23% 21.73% 64.68
14 GREATLAND GOLD PLC (XLON:GGP) IND.MAT 18.10% UP: 26.61% 10.79% 67.87
15 PETS AT HOME GROUP PLC (XLON:PETS) CONSUMER 17.35% UP: 6.79% 30.49% 66.83
16 KAZ MINERALS PLC (XLON:KAZ) IND.MAT 15.39% UP: 14.85% 15.76% 67.08
17 DIGNITY PLC (XLON:DTY) CONSUMER 15.38% UP: 4.18% 42.36% 61.23
18 GAMES WORKSHOP GROUP PLC (XLON:GAW) CONSUMER 15.19% UP: 17.97% 1.02% 65.55
19 LUCECO PLC (XLON:LUCE) IND.MAT 15.15% UP: 19.87% 20.67% 65.75
20 PREMIER FOODS PLC (XLON:PFD) CONSUMER 14.87% UP: 26.32% -8.20% 65.67

Snapshot figures - All holdings

Trending UP - 194 - 41%

Trending DOWN - 283 - 59%

Average RSI - 47.83

Bottom 10 - Avg %

# Name SECTOR AVG (%) TREND (MACD) % RSI
1 HAMMERSON PLC (XLON:HMSO) RETAIL ESTATE -82.57% DOWN: -175.45% 11.49% 34.31
2 PREMIER OIL PLC (XLON:PMO) ENERGY -82.42% DOWN: -173.39% -2.67% 27.77
3 TULLOW OIL PLC (XLON:TLW) ENERGY -81.59% DOWN: -419.83% 24.07% 39.48
4 CINEWORLD GROUP PLC (XLON:CINE) CONSUMER -77.60% DOWN: -154.69% 6.57% 34.09
5 REVOLUTION BARS GROUP PLC (XLON:RBG) CONSUMER -77.50% DOWN: -171.03% 7.16% 29.20
6 CAPITAL & REGIONAL PLC (XLON:CAL) RETAIL ESTATE -76.68% DOWN: -143.83% 2.63% 24.32
7 CAPITA PLC (XLON:CPI) RETAIL ESTATE -75.26% DOWN: -216.42% 15.85% 33.11
8 PETRA DIAMONDS LIMITED (XLON:PDL) IND.MAT -74.33% DOWN: -201.30% 25.57% 39.44
9 Stobart Group Limited (XLON:STOB) IND.MAT -72.75% DOWN: -146.35% 12.57% 30.70
10 SAGA PLC (XLON:SAGA) CONSUMER -72.36% DOWN: -134.99% 3.33% 31.94

Top 10 Growth - Week ending Oct 30th

These stocks are characterised by

Average Growth %: Above -3.01%
Trending: UP
MACD (%): Above -1.01%
RSI: Below 65.01

# Name SECTOR AVG (%) TREND (MACD) % RSI
18 ARGO BLOCKCHAIN PLC (XLON:ARB) FINANCIALS 20.54% UP: 6.70% 191.46% 61.15
68 CERES POWER HOLDINGS PLC (XLON:CWR) ENERGY 19.74% UP: 19.23% 21.73% 64.68
52 DIGNITY PLC (XLON:DTY) CONSUMER 15.38% UP: 4.18% 42.36% 61.23
53 WATCHES OF SWITZERLAND GROUP PLC (XLON:WOSG) CONSUMER 14.83% UP: 13.17% 46.71% 63.63
88 DRAPER ESPRIT PLC (XLON:GROW) FINANCIALS 14.72% UP: 14.34% 14.09% 61.92
48 GB GROUP PLC (XLON:GBG) TECH 14.71% UP: 9.68% 51.29% 64.29
127 CODEMASTERS GROUP HOLDINGS PLC (XLON:CDM) TECH 12.66% UP: 14.69% 2.78% 63.52
131 ILIKA PLC (XLON:IKA) ENERGY 12.58% UP: 23.99% -2.23% 61.03
6 PENDRAGON PLC (XLON:PDG) CONSUMER 12.24% UP: 8.66% 915.52% 61.04
72 BLUE PRISM GROUP PLC (XLON:PRSM) TECH 11.40% UP: 6.94% 26.25% 57.48

Top 10 Swing Trades - Week ending Oct 30th

These stocks are characterised by

MACD (%): Above -2.01%
RSI: Below 45.01

We usually specify a TRENDING UP criteria, but there is no holding that qualifies for the criteria with that demand, so we have omitted this week, to generate the below

Don’t forget, none of these stocks are trending Up in regards to their average growth!

# Name SECTOR AVG (%) TREND (MACD) % RSI
1 CC JAPAN INCOME & GROWTH TRUST PLC (XLON:CCJI) FINANCIALS -9.13% DOWN: -6.43% 31.66% 44.21
2 CUSTODIAN REIT PLC (XLON:CREI) RETAIL ESTATE -11.05% DOWN: -10.71% 15.91% 42.81
3 JUPITER EMERGING & FRONTIER INCOME TRUST PLC (XLON:JEFI) FINANCIALS -12.83% DOWN: -13.28% 18.15% 42.14
4 CAIRN HOMES P.L.C (XLON:CRN) CONSUMER -21.03% DOWN: -20.30% 29.73% 43.49
5 LAW DEBENTURE CORPORATION PLC(THE) (XLON:LWDB) FINANCIALS -8.85% DOWN: -7.88% 1.54% 44.91
6 THE CITY OF LONDON INVESTMENT TRUST PLC (XLON:CTY) FINANCIALS -17.48% DOWN: -13.84% 8.92% 39.29
7 FIDELITY SPECIAL VALUES PLC (XLON:FSV) FINANCIALS -20.75% DOWN: -21.98% 20.14% 42.61
8 PHOTO - ME INTERNATIONAL P L C (XLON:PHTM) IND.MAT -26.95% DOWN: -33.22% 31.09% 43.42
9 MCKAY SECURITIES P L C (XLON:MCKS) RETAIL ESTATE -18.23% DOWN: -17.00% 14.20% 44.34
10 JOHN LAING GROUP PLC (XLON:JLG) ENERGY -16.82% DOWN: -9.73% 7.14% 41.38

Sector specific rankings - Week ending Oct 30th

Top 10 - Consumer - Growth

# Name AVG (%) TREND (MACD) % RSI
1 PENDRAGON PLC (XLON:PDG) 12.24% UP: 8.66% 915.52% 61.04
2 HOWDEN JOINERY GROUP PLC (XLON:HWDN) 4.87% UP: 3.41% 123.57% 57.31
3 DIGNITY PLC (XLON:DTY) 15.38% UP: 4.18% 42.36% 61.23
4 WATCHES OF SWITZERLAND GROUP PLC (XLON:WOSG) 14.83% UP: 13.17% 46.71% 63.63
5 GVC HOLDINGS PLC (XLON:GVC) 5.75% UP: 20.43% 25.56% 58.32
6 PZ CUSSONS PLC (XLON:PZC) 3.69% UP: 6.26% 27.03% 61.94
7 INNOVADERMA PLC (XLON:IDP) 2.86% UP: 1.22% 15.13% 52.50
8 MOTORPOINT GROUP PLC (XLON:MOTR) 5.46% UP: 6.21% 9.27% 55.25
9 JD SPORTS FASHION PLC (XLON:JD.) 2.95% UP: 12.63% 11.18% 53.51
10 STUDIO RETAIL GROUP PLC (XLON:STU) 7.08% UP: 12.77% 5.61% 58.92

Top Consumer Swing

# Name AVG (%) TREND (MACD) % RSI
1 CRANSWICK PLC (XLON:CWK) -7.22% UP: 0.04% -111.07% 35.10
2 BOOHOO GROUP PLC (XLON:BOO) -15.69% UP: 7.96% -187.60% 43.73
3 RECKITT BENCKISER GROUP PLC (XLON:RB.) -5.80% UP: 9.07% -222.66% 42.38
4 DEVRO PLC (XLON:DVO) -8.29% UP: 3.98% -396.00% 41.35

Top 10 - Energy - Growth

# Name AVG (%) TREND (MACD) % RSI
1 CERES POWER HOLDINGS PLC (XLON:CWR) 19.74% UP: 19.23% 21.73% 64.68
2 ILIKA PLC (XLON:IKA) 12.58% UP: 23.99% -2.23% 61.03

Top Energy Swing

# Name AVG (%) TREND (MACD) % RSI
354 DCC PUBLIC LIMITED COMPANY (XLON:DCC) -14.72% UP: 0.40% -60.94% 29.69

Top 10 - Financial - Growth

# Name AVG (%) TREND (MACD) % RSI
1 HICL INFRASTRUCTURE PLC (XLON:HICL) 2.90% UP: 5.00% 321.43% 57.21
2 ARGO BLOCKCHAIN PLC (XLON:ARB) 20.54% UP: 6.70% 191.46% 61.15
3 FIDELITY ASIAN VALUES PLC (XLON:FAS) 2.88% UP: 0.67% 169.73% 52.24
4 International Public Partnerships Limited (XLON:INPP) 2.07% UP: 6.44% 75.06% 54.60
5 VIETNAM ENTERPRISE INVESTMENTS LIMITED. (XLON:VEIL) 4.54% UP: 5.17% 73.75% 59.53
6 PACIFIC ASSETS TRUST PUBLIC LIMITED COMPANY (XLON:PAC) 5.14% UP: 4.95% 54.73% 59.85
7 3I GROUP PLC (XLON:III) 1.60% UP: 2.81% 38.30% 51.58
8 STANDARD LIFE UK SMALLER COMPANIES TRUST PLC (XLON:SLS) 6.81% UP: 5.17% 34.92% 58.46
9 THE DIVERSE INCOME TRUST PLC (XLON:DIVI) -0.17% UP: 6.57% 37.44% 51.32
10 Greencoat Renewables PLC (XLON:GRP) -1.73% UP: 1.94% 30.05% 46.35

Top Financial Swing Trades

# Name AVG (%) (MACD) % RSI
1 BEGBIES TRAYNOR GROUP PLC (XLON:BEG) -7.55% -51.92% 43.51
2 LANCASHIRE HOLDINGS LIMITED (XLON:LRE) -10.99% -91.72% 36.32
3 YELLOW CAKE PLC (XLON:YCA) -7.43% -95.47% 39.22
4 FIDELITY EUROPEAN VALUES PLC (XLON:FEV) -3.60% -255.62% 42.44

Top 10 - Industrial.Materials - Growth

# Name AVG (%) (MACD) % RSI
1 EVRAZ PLC (XLON:EVR) 6.90% 66.86% 56.57
2 BURFORD CAPITAL LIMITED (XLON:BUR) 5.89% 58.88% 57.60
3 Amur Minerals Corporation (XLON:AMC) 1.44% 50.78% 51.00
4 WEIR GROUP PLC(THE) (XLON:WEIR) 7.03% 36.51% 57.69
5 DIPLOMA PLC (XLON:DPLM) 9.78% 35.88% 64.32
6 ROYAL MAIL PLC (XLON:RMG) 9.07% 20.69% 56.27
7 OXFORD INSTRUMENTS PLC (XLON:OXIG) 4.34% 7.99% 55.87
8 FERGUSON PLC (XLON:FERG) 6.58% 10.19% 60.76
9 SYLVANIA PLATINUM LIMITED (XLON:SLP) 7.90% 6.91% 60.95
10 HALMA PUBLIC LIMITED COMPANY (XLON:HLMA) 2.39% 11.48% 56.80

Top Industrial.Materials Swing Trades

# Name AVG (%) (MACD) % RSI
1 DIRECTA PLUS PLC (XLON:DCTA) -9.40% -56.69% 40.04
2 RESOLUTE MINING LIMITED (XLON:RSG) -21.29% -62.70% 36.68
3 GULF MARINE SERVICES PLC (XLON:GMS) -32.43% -89.71% 36.58
4 HOMESERVE PLC (XLON:HSV) -9.02% -138.58% 36.18
5 ULTRA ELECTRONICS HOLDINGS PLC (XLON:ULE) -10.98% -210.53% 38.44
6 CENTAMIN PLC (XLON:CEY) -27.25% -199.35% 34.81

Top 10 - Retail Estate - Growth

# Name AVG (%) TREND (MACD) % RSI
1 SAFESTORE HOLDINGS PLC (XLON:SAFE) 4.76% UP: 5.64% 10.97% 56.29
2 TRITAX BIG BOX REIT PLC (XLON:BBOX) 4.09% UP: 11.20% -3.47% 56.73

Top Retail Estate Swing

# Name AVG (%) TREND (MACD) % RSI
1 SEGRO PUBLIC LIMITED COMPANY (XLON:SGRO) -1.07% UP: 7.77% -66.93% 48.75
2 ASSURA PLC (XLON:AGR) -2.68% UP: 1.98% -87.82% 45.69
3 LONDONMETRIC PROPERTY PLC (XLON:LMP) -1.38% UP: 10.32% -143.97% 48.00

Top 10 - Tech - Growth

# Name AVG (%) TREND (MACD) % RSI
1 GB GROUP PLC (XLON:GBG) 14.71% UP: 9.68% 51.29% 64.29
2 BLUE PRISM GROUP PLC (XLON:PRSM) 11.40% UP: 6.94% 26.25% 57.48
3 Kainos Group PLC (XLON:KNOS) 10.92% UP: 15.51% 14.18% 60.65
4 NEXT PLC (XLON:NXT) 1.41% UP: 7.45% 15.31% 51.76
5 CODEMASTERS GROUP HOLDINGS PLC (XLON:CDM) 12.66% UP: 14.69% 2.78% 63.52
6 IMIMOBILE PLC (XLON:IMO) 3.06% UP: 9.50% 5.20% 56.87
7 SDL PLC (XLON:SDL) 4.15% UP: 14.79% 6.65% 60.01
8 COMPUTACENTER PLC (XLON:CCC) 6.65% UP: 17.41% 3.29% 62.54
9 PLAYTECH PLC (XLON:PTEC) 3.56% UP: 15.71% -7.36% 51.67
10 SPIRENT COMMUNICATIONS PLC (XLON:SPT) 4.28% UP: 11.03% -6.10% 57.46

Top Tech Swing trades

# Name AVG (%) TREND (MACD) % RSI
1 AVEVA GROUP PLC (XLON:AVV) -4.66% UP: 7.03% -38.87% 48.63
2 GOCO GROUP PLC (XLON:GOCO) -3.96% UP: 16.73% -83.90% 48.12

Top 10 - Comms.Utils Growth

# Name AVG (%) TREND (MACD) % RSI
1 DRAX GROUP PLC (XLON:DRX) 11.22% UP: 13.09% 21.99% 59.56
2 AUTO TRADER GROUP PLC (XLON:AUTO) 5.14% UP: 11.06% 14.57% 57.68
3 YOUGOV PLC (XLON:YOU) 9.14% UP: 16.03% 10.75% 61.59
4 RIGHTMOVE PLC (XLON:RMV) 0.77% UP: 9.34% 2.31% 52.01

Top Comms.Util Swing

# Name AVG (%) TREND (MACD) % RSI
1 SEVERN TRENT PLC (XLON:SVT) -0.74% UP: 1.08% -10.68% 49.46
2 TELECOM PLUS PLC (XLON:TEP) -2.17% UP: 1.80% -49.00% 47.80
3 PENNON GROUP PLC (XLON:PNN) -6.23% UP: 2.42% -61.50% 41.02
4 IOMART GROUP PLC (XLON:IOM) -6.76% UP: 6.09% -75.66% 42.53
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