Screening Stocks for a Sharp Decline and Three Simultaneous Indicator Crossovers

Summary

This stock screen combines daily price movement with technical signals. It seeks shares whose intraday range exceeds 1, whose low is between 4% and 5% below the prior close, and whose three selected indicators form bullish crossovers at the same time. The examples name moving averages, MACD, and KDJ; the accompanying sample code also applies filters involving stock size and valuation data.

The article presents the rules as a way to identify volatile stocks showing a potential technical reversal, but gives no backtest or performance evidence. It cautions that unsuitable indicator choices and strict conditions can create trading risk or exclude candidates, and that results may vary across market conditions. The code’s conditions do not clearly implement all three simultaneous crossovers, so the example should be treated as illustrative rather than a verified specification.

Key ideas

• The screen combines an intraday range threshold with a daily decline bounded between 4% and 5% from the previous close.
• It seeks simultaneous bullish crossovers from three technical indicators, with moving averages, MACD, and KDJ offered as examples.
• The article warns that overly strict filters may exclude candidates and that results can vary with market conditions.
• The sample code does not clearly implement three simultaneous crossovers, and no performance test is reported.

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