Creating a Contrarian Screen: The 52-Week Low Formula

June 21, 2014

One of our key goals here at Computerized Investing is to educate the individual investor on investing while harnessing technology to aid in the investment analysis, research and tracking process. Therefore, the aim of most of our articles is not only to teach and provide rationales for different investment strategies, but also to implement these strategies in the real world. In this feature article, we examine Luke Wiley’s 52-Week Low Formula approach to stock-picking. We discuss the reasoning, strategy and thought behind his approach. In addition, we show how to implement the strategy by creating a step-by-step screen using Portfolio123’s stock screening tool. Portfolio123’s stock screener is a fee-based tool available online that comes with a free 15-day trial.

Data Elements

The first step in researching an investment methodology and creating an investable screen is to understand the key concepts behind it. In his book “The 52-Week Low Formula” (John Wiley & Sons, 2014), Luke Wiley identified five different filters he uses when choosing stocks.

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Feature Archives

Buying a Computer

Trends in the computing industry and issues to consider before purchasing a new computer or upgrading your current system.


Analyzing, selecting and trading exchange-traded funds

Investor Sentiment

Using investor sentiment to indentify tops and bottoms in the market.

Market Breadth & Timing

Market breadth and momentum indicators to gauge the market's overall direction.

Mutual Fund Screening & Analysis

Screening for and analyzing mutual funds.

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Constructing a portfolio of investments and the issues involved, including risk management.

Software Reviews

In-depth reviews of some of the most popular investment-related software.

Stock Screening & Analysis

Using quantitative stock screening filters to identify possible investment and analyzing individual stocks.

Stock Valuation

Determining the "true worth" of a company.

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Using technical indicators and charts to help time your buy and sell decisions.

Tax Preparation

Using computerized tools and resources to prepare and file your personal income taxes.

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