Stock Screening with Intraday Range, Weekly MACD, and KDJ Crossover

Summary

This technical stock screen looks for a daily high-low range above one percent, a weekly MACD above zero, and a newly formed bullish KDJ crossover. The conditions combine a measure of price movement, a broader trend filter, and a timing signal. The document includes formula references and a sample selection routine, though the code examples do not consistently show the weekly MACD condition alongside the daily calculations.

No backtest, return series, or comparison with a benchmark is provided. The stated limitations are that the method ignores company fundamentals, industry conditions, and policy risks, and that KDJ may lag during extreme markets. The document recommends considering those broader factors and adapting indicator use to market volatility, but it does not specify a tested adjustment or define how the screen should be traded after selection.

Key ideas

• The proposed screen combines a daily range threshold, positive weekly MACD, and a fresh KDJ bullish crossover.
• The indicators are intended to represent price movement, trend direction, and entry timing.
• The examples do not consistently implement every stated condition, so the rule needs verification.
• The method supplies no performance evidence and omits business, industry, and policy factors.

Tags

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