Screening Stocks with Volatility, Weekly MACD, and Three Declining Closes

Summary

This Chinese-language post describes an equity screening rule that combines daily price range, weekly MACD, and a run of three lower closes. The intended candidates have a relatively wide daily range, weekly MACD above zero, and recent sequential declines. It presents these conditions as a way to combine a broader upward momentum context with short-term weakness, then outlines implementation using stock data and a technical analysis library.

The post gives indicator definitions and sample screening logic, but it provides no historical test results, portfolio construction rules, or evidence that the selected stocks outperform. Its rationale is internally mixed: the conditions are described as signaling both upward strength and a pronounced downtrend, while the text also acknowledges that volatility and countertrend exposure raise risk. It recommends adding other technical and fundamental factors and evaluating market and industry conditions.

Key ideas

• The screen combines a daily range threshold with weekly MACD above zero and three consecutive lower closes.
• The rule mixes a positive broader momentum filter with recent price weakness.
• The post shows how the conditions could be calculated from stock price data.
• No backtest, return evidence, exit rule, or position sizing method is provided.
• The author flags volatility and countertrend exposure as material risks.

Tags

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