Screening 2021-Listed Stocks by Turnover and Weekly MACD Momentum

Summary

This stock-selection proposal combines a turnover-rate range of 3% to 12%, a 2021 listing year, and a weekly bullish-bar condition. The article explains the weekly condition using K and D readings above 50, a rising K value, and a positive MACD histogram after a negative prior reading. It frames these signals as evidence of upward trend and momentum, and includes formula and Python references for implementing the screen.

The article cautions that a strong weekly signal does not ensure future gains and that market conditions can affect how the indicator behaves. It suggests supplementing the technical screen with measures such as price-to-book ratio or dividend yield, and making the weekly condition responsive to changes through moving averages or slopes. It reports no backtest or performance evidence. The implementation details should therefore be treated as a screening outline rather than proof of an effective strategy.

Key ideas

• The screen selects stocks with turnover between 3% and 12% and a 2021 listing year.
• Its weekly bullish condition uses K and D above 50, rising K, and a MACD transition to positive territory.
• The article presents the weekly indicators as trend and momentum filters, not guarantees of gains.
• Fundamental measures and dynamic trend measures are proposed as additional filters.
• No backtest results or strategy performance evidence are included.

Tags

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