Stock Screening with Weekly Moving-Average Crossovers and Positive MACD

Summary

This stock-screening idea combines three conditions: daily amplitude above 1, a weekly five-period moving average crossing above the ten-period average, and MACD above zero. The author presents the crossover as a possible trend shift and positive MACD as evidence of bullish momentum, using amplitude to favor more active stocks. The selected shares are intended for further review and subsequent investment decisions.

The document provides formula and Python examples, but no performance data or backtest results. Its implementation details are not fully consistent: the prose describes amplitude, while an example uses volume, and the weekly crossover logic is not clearly represented in every code fragment. The author notes that technical signals can be affected by market sentiment and omit company fundamentals. They suggest adding other technical or fundamental checks and adapting risk management to each stock; the screen alone does not establish investment quality or control losses.

Key ideas

• The screen combines amplitude, a weekly moving-average crossover, and positive MACD.
• A five-period weekly average crossing above a ten-period average is treated as a possible trend change.
• Positive MACD is used as a bullish momentum filter.
• The examples do not report backtest performance and contain implementation inconsistencies.
• The author recommends fundamental review and risk management alongside the technical screen.

Tags

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