Stock Screening with MACD, Two-Day Highs, and a Rising 30-Day Average

Summary

This stock screen combines a positive MACD condition, a two-day high, and an upward-sloping 30-day moving average. Its example formula expresses these as a MACD crossover above zero, the current high equaling the highest high over two days, and the 30-day average rising relative to its prior value. The accompanying code sketches a related selection process using MACD, price history, and a trend check.

The document frames the combination as a way to find stocks with bullish momentum and trend confirmation, and suggests using RSI or other indicators as additional filters. It also warns that technical conditions omit company fundamentals and industry risks, may respond poorly to short-term changes, and may not suit every market phase. No backtest results or evidence of profitability are supplied, and the prose and code do not describe precisely identical entry conditions.

Key ideas

• The screen combines MACD strength, a recent two-day high, and a rising 30-day moving average.
• The example code adds price-history checks and a bullish trend condition.
• The author suggests supplemental indicators such as RSI for additional signal confirmation.
• The document reports no performance results and cautions that technical filters omit fundamental and industry risks.

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