Screening Stocks with High Amplitude and Positive Weekly MACD

Summary

This stock screen combines daily price amplitude above 1% with weekly MACD above its zero line and a MACD line above zero. It is presented as a way to identify stocks with recent price movement and positive trend conditions, aimed at short- to medium-term selection. The article includes indicator formulas and a sample workflow that scans Chinese stocks using weekly price data and MACD calculations.

The document offers no backtest results or performance evidence for the selection rules. It notes that the screen is based only on technical signals and that positive MACD readings do not guarantee further gains; prices may move sideways or fall. It suggests adding fundamental measures, capital-flow or pattern indicators, and market-trend assessment. The sample code's screening details do not fully match the stated rules, so the implementation should be checked before use.

Key ideas

• The screen requires price amplitude above 1% and positive MACD conditions.
• The stated MACD filters use weekly data and a MACD line above its zero axis.
• The article presents the screen as a short- to medium-term stock selection method.
• It provides no performance results and warns that MACD does not ensure prices will rise.
• The article recommends combining technical filters with fundamental and market context.

Tags

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