Screening Stocks with MACD, Company Quality, and a Prior-Day Price Condition

Summary

This post proposes screening stocks whose MACD is above zero, whose company condition is judged acceptable, and whose prior-day 9:15 matching price is described as limit-down. The accompanying discussion frames the rule as combining a technical signal, a company filter, and recent trading behavior. Example formulas and Python snippets attempt to operationalize the selection, with one version also sorting candidates by a volume-to-price measure and limiting the list.

The article provides no backtest results or evidence that the combination improves returns. It acknowledges that MACD can fail in some conditions, company status is not a full assessment of financial health, and a prior-day price event does not ensure subsequent stability. There is also ambiguity between the stated 9:15 condition and the code’s intraday low-based filters, so the intended event definition and implementation should be verified. The examples are references rather than a demonstrated, ready-to-trade system.

Key ideas

• The stated screen combines MACD above zero, an acceptable company condition, and a prior-day 9:15 matching-price event.
• The post presents the rule as combining technical, company-related, and recent trading information.
• The article acknowledges that MACD and company-status filters are incomplete measures.
• It reports no strategy performance or evidence that the screen reduces risk.
• The code’s low-price conditions do not clearly match the described 9:15 event and need verification.

Tags

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