Screening Stocks with Moving Average Confluence, KDJ Crosses, and MACD

Summary

This stock screen combines three technical conditions: price proximity to five moving averages, a newly formed KDJ golden cross, and a shortening green MACD histogram on a 15-minute chart. It proposes ranking stocks by the absolute gaps between price and the moving averages, then keeping the top 50 as candidates before applying the KDJ and MACD filters. The article interprets a shrinking negative MACD histogram as improving bullish pressure and presents the combined screen as a way to find overlooked or undervalued stocks.

The document provides no backtest, performance figures, or precise indicator definitions. Its discussion acknowledges that technical signals can be unreliable and that unexpected market moves can cause sharp price changes. It suggests exploring different moving-average periods, KDJ crossover rules, and MACD calculations, but does not evaluate those alternatives. The ranking formula and the criteria for identifying a recent cross or a shortening histogram are not fully specified, so the screen would need clearer rules and testing before practical use.

Key ideas

• The screen ranks stocks by how close their prices are to five moving averages.
• It then filters for a recent KDJ golden cross and a shortening green MACD histogram on a 15-minute chart.
• The article treats the MACD change as a possible sign of strengthening bullish pressure.
• It suggests varying moving-average periods and indicator conditions, but reports no test results.
• Technical indicators can produce false signals, and the screen does not include explicit risk controls.

Tags

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