Small-Cap Profitable Stock Screening with 15-Minute MACD and RSI

Summary

This note describes a stock universe limited to companies with market capitalization no greater than 10 billion and no losses, then applies two technical filters: RSI below 65 and a shortening MACD histogram on a 15-minute interval. It frames the fundamental criteria as a way to avoid unprofitable companies and the indicators as tools for timing or assessing momentum. The sample implementation uses financial fields and daily RSI data alongside intraday MACD data, but some listed field checks do not clearly correspond to the written criteria.

The article acknowledges that it omits important financial measures such as leverage, return on equity, and valuation, and that technical indicators can lag or produce errors. It suggests adding further financial ratios and a volatility or trend measure such as Bollinger Bands. No backtest, performance results, or evidence that the combined filters improve returns is provided, so the proposal remains a screening hypothesis requiring precise definitions and testing.

Key ideas

• The screen combines market capitalization and profitability limits with RSI below 65 and a shortening 15-minute MACD histogram.
• The proposed indicators are intended to identify a potentially favorable technical setup among smaller profitable companies.
• The note identifies missing financial measures and the lag and error risk of technical indicators.
• The sample code's data fields and frequency choices may not consistently represent the stated rules.

Tags

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