Screening Stocks with Positive MACD, Rising Averages, and Recent Limit-Ups
Summary
This document outlines a stock-selection screen requiring MACD above zero, upward-moving averages, and at least one limit-up event during the preceding 25 days. The conditions are framed as signals of positive trend and recent market attention. It includes example indicator formulas and a Python-style screening and ranking illustration.
The post does not provide backtest results or evidence that these signals produce returns. It warns that the rules are simple, may overlook fundamentals and other relevant indicators, and could return too few stocks for slower-moving names. It recommends combining trend and recent activity measures with additional analysis and risk controls. The examples are not fully consistent: the written rule refers to averages spreading upward, while the sample conditions use different average comparisons, and the limit-up calculation shown should be checked before use.
Key ideas
- The proposed screen combines positive MACD, upward average movement, and a recent limit-up event.
- The recent limit-up condition is intended to capture market attention.
- The document supplies sample formulas but no performance evaluation.
- The author notes that simple technical filters may omit fundamentals and other useful signals.
- The written rules and examples differ in places and require implementation checks.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.