Stock Screening with Positive MACD, Positive PE, and Prior-Day Turnover

Summary

The post proposes a stock screen requiring MACD above zero, positive trailing price-to-earnings, and previous-day turnover above 60 million. It says selection is performed before 10 a.m. and suggests sorting qualifying stocks by turnover. The stated rationale is to combine a positive trend signal, a positive valuation measure, and a liquidity or attention threshold.

The article includes indicator formulas and sample screening logic, but does not provide historical testing, benchmark comparisons, or evidence that the chosen thresholds improve returns. It warns that selected results may differ from actual conditions and suggests adding growth, profitability, or other data for broader analysis. The timing rule and MACD interpretation are asserted rather than evaluated, and the code examples may require adaptation to a data source’s field definitions and units. This is a screening recipe, not a complete portfolio or execution strategy.

Key ideas

• The screen requires MACD to be above zero and trailing PE to be positive.
• It filters for previous-day turnover exceeding 60 million and applies before 10 a.m.
• Qualifying stocks are sorted by turnover as a proposed ranking step.
• The author associates positive MACD with an upward trend and turnover with liquidity or attention.
• No backtest or return evidence is provided, and the post recommends combining additional data for analysis.

Tags

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