Screening Stocks with Weekly MACD Trend and Short-Term Momentum Change

Summary

This stock-selection proposal combines a minimum daily price range with a weekly MACD condition above the zero line and a 15-minute MACD histogram described as contracting. The intended interpretation is to favor stocks with an upward longer-term technical backdrop while short-term downside momentum may be easing. The document includes indicator expressions and an illustrative workflow using market data and a technical-analysis library.

The screen relies only on technical conditions and does not define portfolio weights, entry and exit rules, or a risk-management process. The author notes that fundamental and capital-flow factors are absent and recommends considering industry context, liquidity, and other information. No backtest, trade sample, or performance evidence is supplied. The example code and indicator expressions should be checked carefully for consistency with the verbal conditions and with the chosen data frequency before research use; the stated screening logic alone does not demonstrate predictive value.

Key ideas

• The screen combines daily range, weekly MACD direction, and a 15-minute MACD histogram condition.
• The weekly indicator is intended to capture a broader upward technical backdrop.
• The short-interval condition is presented as a sign that downward momentum may be easing.
• The proposal supplies no backtest or evidence of profitability.
• Fundamental context, liquidity, portfolio rules, and risk controls remain outside the screen.

Tags

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