Screening Stocks with Daily Volatility, Moving Average Proximity, and MACD

Summary

This stock-selection rule combines three technical conditions: elevated daily price range, an opening price near the ten-day moving average, and a shortening MACD histogram on a 15-minute interval. The rationale is to find volatile stocks near a short-term average whose downward momentum may be easing, then consider them for entry. The description provides example screening logic and Python-style calculation guidance, but it does not specify a portfolio construction or exit method.

The article cautions that these signals omit other technical and fundamental information and that a short-term decline does not determine the longer-term direction. It suggests adding valuation measures or refining the MACD trigger, such as considering crosses and histogram size. No backtest or performance evidence is supplied. The sample calculations also do not fully reconcile the stated 15-minute signal with daily screening data, leaving implementation details to clarify before use.

Key ideas

• The screen requires a daily amplitude above its threshold and an opening price near the ten-day average.
• A shortening MACD histogram is treated as a possible sign that short-term selling pressure is fading.
• The setup combines daily price conditions with a stated 15-minute MACD condition.
• The author recommends combining the screen with additional technical or fundamental filters.
• The document reports no performance test and leaves timeframe implementation details unclear.

Tags

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