Stock Screening with Rising Lows, High Amplitude, and MACD

Summary

This stock-screening approach combines three technical conditions: amplitude above a threshold, a rising sequence of price lows, and a MACD signal above its zero line. The document describes the idea as a way to find volatile stocks whose price structure is improving, then gives indicator-formula and Python examples of how to express the screen. It also suggests checking company fundamentals and news as additional filters.

The article provides no historical performance results or evidence that the screen is profitable. It cautions that indicators can lag or stop working, and that individual stocks may face volatility or short-term manipulation. Its examples and explanations are not fully aligned: the prose calls for MACD above zero, while the formula uses a zero-line crossover; the Python example uses a positive MACD value. The rising-low calculation is also not defined precisely. Treat the rules as a screening concept that needs specification and independent testing, rather than as a validated strategy.

Key ideas

• The screen combines price amplitude, rising lows, and a positive MACD condition.
• The article presents formula and Python examples, but some implementation details differ.
• Technical indicators can lag or fail, and stock-specific volatility or manipulation can affect results.
• Fundamental and news analysis are suggested as additional filters.
• The document reports no backtest results or evidence of profitability.

Tags

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