Stock Screening with Turnover, Rising DEA, and Positive Weekly MACD

Summary

This stock selection rule combines three conditions: turnover between 3% and 12%, a rising DEA indicator, and weekly MACD above the zero line. The post presents these as filters for liquidity, improving shorter-term momentum, and a positive longer-term trend. It provides formula and Python references for implementing the conditions, although the examples should be checked carefully because the formula details may not match the stated weekly MACD condition exactly.

The document gives no backtest, performance statistics, or comparison with a benchmark. It notes that the screen omits other market influences and proposes adding technical and fundamental measures, capital-flow data, and macroeconomic or industry context. It also mentions cross-validation as a way to guard against overfitting, but does not describe a validation process or show evidence that the proposed screen is effective.

Key ideas

• The screen requires turnover between 3% and 12%, a rising DEA, and weekly MACD above zero.\nThe stated rationale combines liquidity with short-term and longer-term trend signals.\nThe post provides implementation references but no performance evidence.\nIt cautions that the three inputs do not capture all market factors and suggests broader validation and additional data.

Tags

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