Combining Intraday MACD, Auction Moves, and Position Changes for Stock Screening

Summary

This stock screen combines three conditions: a reported increase in holdings above 5%, an opening-auction price change between -2% and 5%, and a 15-minute MACD histogram with shrinking negative bars. The article interprets these as signs of buying interest, active attention around the open, and a possible short-term rebound. It also sketches a screening workflow, though the code example uses fields and comparisons that are not clearly aligned with the stated conditions.

The discussion offers no backtest, selected-stock examples, or evidence that the rules predict returns. It acknowledges that increased holdings may not produce price gains, auction volatility can reflect many influences, and a short-interval indicator may not reveal longer-term direction. It suggests supplementing the screen with valuation, size, other indicators, and market context, but does not define those additions or test their effect.

Key ideas

• The screen requires reported position increases above 5%, an opening-auction move from -2% to 5%, and shortening negative MACD bars on a 15-minute chart.
• The article treats these conditions as proxies for buying interest, market attention, and a possible short-term rebound.
• It cautions that none of the signals guarantees a price increase or indicates long-term direction.
• The code sketch is incomplete and its data fields do not clearly implement the described rules.
• The proposed additions include valuation, company size, further indicators, and broader market factors.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.