Stock Screening with Weekly MACD and Price Range Shape

Summary

This post outlines a stock screen using daily price range, weekly MACD, and a rounded price movement shape. It describes selecting shares whose daily high-low range exceeds a threshold, whose weekly MACD is above zero with a bullish signal relationship, and whose price movement matches the stated shape condition. The post also gives example indicator formulas and a Python-style screening sketch, but does not report backtest results or performance evidence.

The author notes that technical conditions alone omit company fundamentals, industry context, policy changes, and disclosure risks. The proposed improvement is to combine technical signals with fundamental and market information, then manage risk through an investment plan. The shape condition is not clearly defined in the prose, and the code sketch does not fully demonstrate a reliable implementation or validate the screen. The method should therefore be treated as an idea for research rather than a tested strategy.

Key ideas

• The screen combines daily price range with a weekly MACD trend filter and a price-shape condition.
• The post provides indicator formulas and a sample screening approach but no performance results.
• Technical-only selection leaves out fundamentals, industry conditions, and policy or disclosure risks.
• The author recommends combining technical and fundamental information and managing investment risk.

Tags

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