Stock Screening with Intraday Range, Weekly MACD, and a Prior Limit-Down Match

Summary

This stock screen combines a daily amplitude above 1%, a positive weekly MACD histogram, and a prior-day 9:15 matching price at the limit-down level. The article presents the matching-price condition as a possible clue about liquidity and market acceptance, alongside volatility and trend conditions. It includes example indicator formula syntax and Python-like pseudocode that checks daily price data, MACD values, and tick data around 9:15.

The post warns that technical indicators and market sentiment alone may give an incomplete assessment, and says the matching-price observation does not establish a stock’s value or future performance. It suggests adding fundamental measures such as valuation and profitability. The examples are presented for reference and the article provides no backtest, performance figures, precise market-specific implementation details, or evidence that the screen predicts returns.

Key ideas

• The screen requires daily amplitude above 1%, a positive weekly MACD histogram, and a prior-day 9:15 matching price at limit down.\nThe method combines volatility, trend, and opening-session market data.\nThe article treats the matching-price signal as incomplete evidence about a stock.\nIt recommends adding fundamental measures but reports no backtest or performance results.

Tags

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