Stock Screening with RSI, Rising KDJ, and Positive MACD

Summary

This technical stock screen selects equities with RSI below 65, a rising KDJ K-line, and MACD above zero. The document presents RSI as a gauge of whether a stock may be oversold, KDJ as a short-term price-strength signal, and positive MACD as confirmation that the trend is healthy. Its examples compare the K-line with its value two periods earlier and outline combining the three conditions, with a sample process that sorts qualifying names by price change.

The author cautions that technical signals remain exposed to market and macroeconomic shifts, and that MACD can lag. Fundamental measures and other indicators are proposed as possible additions, but no test results, parameter study, or live trading evidence is supplied. The screen is therefore a rule proposal rather than a demonstrated profitable strategy.

Key ideas

• The screen combines RSI below 65, a rising KDJ K-line, and MACD above zero.
• The stated purpose is to identify short-term strength while checking the broader trend.
• The example defines K-line growth by comparing its current value with an earlier reading.
• The author warns that technical analysis is vulnerable to market conditions and MACD lag.
• No performance evidence or validated parameter settings are reported.

Tags

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