Best way to identify Stage 2 is to apply the 8 criterion of Mark Minervini
- Current stock price is above both 150-day and 200-day moving average price lines.
- 150-day moving average is above the 200-day moving average.
- 200-day moving average line is trending up for at least 1 month
- The 50-day moving average is above both the 150-day and 200-day moving averages
- Current stock price is trading above the 50-day moving average.
- Current stock price is at least 25% above its 52-week low.
- Current stock price is within at least 25% of its 52-week high
- Relative Strength ranking (RS ranking) is no less than 70.
There are ready made indicators on both Chartlink and TradingView for Minervini criteria.
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