Screening Stocks with Positive MACD, Turnover, and Company Filters

Summary

This post outlines a stock selection rule that combines MACD above zero, a favorable company classification, and previous-day actual turnover between three and twenty-eight percent. It interprets the MACD condition as a positive technical signal and the turnover range as evidence of market participation, while the company filter is intended to incorporate business quality. The post also suggests adding indicators such as RSI, valuation ratios, or price momentum to refine the screen.

The article flags that indicator meanings are not definitive and that turnover within the selected range does not prevent sentiment from changing sharply. Its sample code uses data-provider queries and additional conditions, including a long-term moving-average comparison, which do not map cleanly to the prose description. No backtest results or performance evidence are presented, so the rules should be read as a screening proposal rather than an established strategy.

Key ideas

• The proposed screen combines positive MACD, company classification, and a bounded turnover range.
• The author frames MACD as a trend signal and turnover as a measure of market interest.
• Suggested refinements include additional technical and valuation indicators.
• The sample code adds conditions that differ from the written screen and supplies no performance validation.

Tags

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