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Combining Positive MACD, Positive P/E, and Recent Main-Fund Inflows

Article SuperMind

Summary

This stock screen selects equities with MACD above zero, a positive price-to-earnings ratio, and a high ranking for net main-fund inflows on the previous day. The note frames these conditions as indicators of upward momentum, positive earnings valuation, and recent buying interest, with selection intended before each trading session. It includes example indicator formulas and a Python-style outline for filtering and ordering candidates.

The document warns that a single day of fund-flow data may not represent sustained demand, and that the screen does not account for many other factors or guarantee that the resulting list matches actual conditions. It recommends combining further technical measures with fundamental review. The examples do not establish profitability: no backtest methodology, performance figures, or evidence of live results is given, and the flow calculation and sample code may require platform-specific interpretation.

Key ideas

  • The screen combines MACD above zero, positive P/E, and a top-decile prior-day net-inflow rank.
  • The proposed selection occurs before each trading day.
  • A one-day inflow measure may not capture persistent capital flows.
  • The note recommends adding other indicators and fundamental analysis, but reports no strategy results.

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