Stock Screening by Turnover, Recent Limit-Up, and Negative MACD

Summary

This stock-selection idea combines a turnover filter, a recent price-limit event, and MACD. It selects shares with turnover between 3% and 12%, at least one limit-up during the previous 25 days, and a MACD value below zero two days earlier. The accompanying explanation treats turnover as a proxy for trading activity, the limit-up as a sign of market attention, and the negative MACD reading as evidence of recent weakness.

The document includes a technical-indicator formula reference, but it does not report a backtest, define all implementation details for identifying limit-ups, or show how the screen performs after selection. It warns that future returns remain uncertain and that the method omits company fundamentals. It suggests adding indicators such as KDJ or RSI and fundamental measures such as valuation or return on equity, but provides no evidence that these additions improve results.

Key ideas

• The screen requires turnover between 3% and 12%.
• It requires at least one limit-up event in the prior 25 days.
• It also requires MACD to have been below zero two days earlier.
• The document gives no performance evidence and notes that fundamentals are omitted.
• It proposes adding technical and fundamental measures for broader screening.

Tags

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