Robot-Concept Stocks Screened by Amplitude, Market Value, and MACD

Summary

This note outlines an equity selection rule for stocks associated with the robotics concept. Candidates must have price amplitude above 1%, circulating market value below 10 billion, and a MACD reading below zero two sessions earlier. Example indicator and Python logic are included, with a heat ranking proposed for ordering selected stocks. The approach combines a thematic classification and size constraint with a short-term price indicator.

The document offers no backtest, trade history, or other evidence that the screen predicts returns. It cautions that relying on one earlier MACD value and limited technical and fundamental information may admit volatile stocks in weak market conditions. It proposes adding other trend indicators and more detailed business analysis. The stated final rule shifts from the specific earlier MACD threshold to a less precise requirement for favorable recent MACD behavior, so the intended implementation is not fully consistent.

Key ideas

• The screen requires robotics-concept membership, amplitude above 1%, and circulating market value below 10 billion.
• Its initial rule checks whether MACD was below zero two sessions earlier.
• The document provides code examples but no performance results.
• A single lagged indicator may produce false signals, especially in weak markets.
• The proposed refinement adds technical confirmation and business analysis, though it is not precisely specified.

Tags

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