Screening Stocks with Positive MACD, Rising Moving Averages, and Range

Summary

This stock screen combines three technical conditions: daily high-low amplitude above a threshold, MACD above the zero line, and a rising, ordered set of short- to longer-term moving averages. The intended interpretation is that price movement indicates activity, positive MACD suggests bullish momentum, and the moving-average arrangement signals an upward short-term trend. The document supplies indicator formulas and a sample data-processing outline.

No historical returns, benchmark comparison, or parameter analysis is provided, so the proposed signal’s effectiveness is unverified. The author notes that the screen ignores company fundamentals and industry conditions, and that high-amplitude shares can carry greater risk. The sample Python logic also refers to indicator functions that are not defined in the snippet, limiting its readiness for direct use. Fundamental analysis and additional indicators are suggested as possible refinements, but these additions are not evaluated.

Key ideas

• The screen requires amplitude above a threshold, positive MACD, and rising, increasingly ordered moving averages.
• The moving-average condition checks both the ordering of several averages and their upward movement versus the prior period.
• The document provides formulas and a code outline but no evidence from backtesting.
• The screen omits fundamentals and industry context, while high-amplitude stocks may be riskier.

Tags

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