Stock Screening with Price Range, Weekly MACD, and Fund Flow

Summary

The proposed equity screen combines a daily price-range threshold, weekly MACD above the zero line, and a ranking based on a measure described as capital strength. The post explains the intended intuition: a larger range signals activity, positive weekly MACD suggests upward momentum, and the capital-strength condition is meant to favor stocks with stronger inflows. It includes formula references and a sample Python workflow that filters a stock universe, retrieves daily data, calculates MACD, and estimates a volume-based measure.

The post provides no backtest results, return series, benchmark, or transaction-cost analysis, so it does not demonstrate that the screen has predictive value. Its narrative and sample implementation also do not align perfectly: the described weekly MACD condition differs from the example’s daily-data checks, and the capital-strength formula is not clearly equivalent to the stated inflow interpretation. The author flags missing fundamentals, industry context, liquidity, and current information as limitations.

Key ideas

• The screen combines a price-range threshold, positive weekly MACD, and a capital-strength ranking.
• The post includes formula references and a sample workflow using daily stock data.
• The example code does not clearly implement the stated weekly MACD condition.
• No performance evidence is presented, and liquidity and fundamental factors are left for further review.

Tags

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