Stock Screening with Intraday Range, MACD, and Listing Age
Summary
This document outlines a stock screen based on three conditions: price amplitude above 1%, MACD crossing above its zero line, and listing age exceeding a specified period. The proposed interpretation is that a wider trading range signals activity, a positive MACD crossover may indicate upward momentum, and a longer listing history may avoid some instability associated with recently listed shares. It includes formula examples and a short Python-style sketch for assembling the conditions.
The article supplies no backtest, measured results, or evidence that the combination predicts returns. Its listing-age threshold is left unspecified, and its risk discussion focuses on the volatility of newer listings. It recommends supplementing the technical filters with other indicators and fundamental analysis. The formulas and sample code are illustrative rather than a complete implementation, so the signal definitions and data handling would need to be clarified before the screen could be reproduced reliably.
Key ideas
- The screen combines price amplitude, a MACD move above zero, and a minimum listing age.
- The article presents volatility and trend momentum as the rationale for the technical conditions.
- No threshold for the required listing age or performance evidence is provided.
- The author suggests adding other technical measures and fundamental analysis.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.