Weekly Stock Screening with MACD, Popularity, and Limit-Up History

Summary

This stock-selection proposal screens for shares with MACD above its zero line, ranks candidates by popularity, and requires at least two limit-up sessions within the prior 500 trading days. Selection is scheduled after the weekly close. The post explains MACD using short- and long-term exponential moving averages, then describes filtering historical price data for limit-up moves and positive latest MACD before ordering the surviving shares by a popularity measure.

The rationale is to combine a trend indicator, market attention, and past strong price moves. The author cautions that popularity can reflect speculation, limit-up records can be misinterpreted, and technical filters alone omit fundamentals and changing industry or market conditions. Suggestions include adding fundamental analysis and refining screening conditions. No backtest results, execution rules, or risk controls are supplied, so the stated logic is a screening concept rather than evidence of a profitable strategy.

Key ideas

• The proposed weekly screen requires positive MACD and ranks qualifying stocks by popularity.
• Candidates must also meet a minimum history of limit-up sessions.
• The post describes MACD as the difference between exponential moving averages, with a smoothed signal line.
• Popularity and recent limit-up activity can reflect speculative attention as well as potential opportunity.
• The proposal provides no performance evidence and recommends complementing technical filters with fundamental analysis.

Tags

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