Stock Screening with Dividend Yield, MACD, and Price Amplitude

Summary

This stock-selection post combines three conditions: price amplitude above 1%, a negative MACD reading described as occurring two days earlier, and a dividend-related measure above 25% for 2019. It presents these as a mix of price movement, technical momentum, and historical dividend information, and includes illustrative formula and Python references. The document reports no backtest results, portfolio returns, or comparison against a benchmark.

The author warns that the screen may overlook future business performance, market conditions, and capital flows, and that a high past dividend measure does not ensure future distributions or sound operations. Suggested improvements include adding company and financial data, adjusting selections as conditions change, and pairing selection with money management. The examples do not consistently implement the stated conditions: one uses a MACD comparison, another uses ATR as an amplitude proxy, and the timing language is not clearly aligned. The strategy is therefore best read as a rough screening proposal, not a validated trading system.

Key ideas

• The stated screen combines amplitude above 1%, a negative MACD condition, and a 2019 dividend measure above 25%.
• The post frames the conditions as volatility, technical, and fundamental filters.
• It cautions that historical dividends do not establish future financial health or continued payouts.
• The examples differ in how they calculate amplitude and apply the MACD timing condition.
• The post provides no performance evidence and recommends broader financial analysis and risk management.

Tags

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