Stock Screening with Volatility, Weekly MACD, and Concentration Filters

Summary

This stock-screening proposal combines daily price movement with a weekly MACD condition and a trading-volume concentration filter. It seeks shares with an amplitude threshold above one, weekly MACD above zero, and a stated concentration measure described as below 20%. The article frames these as technical filters intended to find volatile stocks with potential for growth and more dispersed activity.

The document also acknowledges that the screen is narrow and omits company governance and financial condition, suggesting fundamental and industry analysis as possible additions. It supplies indicator formula references and a sample data workflow, but no backtest, portfolio results, or risk-adjusted evidence. The concentration description is internally inconsistent: the stated condition is both below 20% and above 70%, so that part of the rule cannot be interpreted reliably without clarification. Its claims about diversification and reduced risk are not supported by measured results.

Key ideas

• The proposed screen combines an amplitude threshold with a positive weekly MACD condition.
• It adds a measure of volume concentration as another selection filter.
• The concentration rule conflicts by specifying values below 20% and above 70% at once.
• The proposal recommends adding financial and industry analysis but reports no tested performance.

Tags

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