11 October 2016
MACD is a great indicator, it provides a leading signal on trend change.
Generally, trading on stocks that have MACD signals will provide a faster results as compare to those that do not have signal to begin with.
Note: all setup can fail. It is true for MACD setup too.
October 11, 2016 Scan Outcome
| Ticker | Company | Date | Close | Vol.(K) | Screening Result |
| QQQ | PowerShares QQQ Trust, Series 1 | 11/10/2016 | 117.52 | 27774 | MACD-H -ve Divergence |
| FB | Facebook, Inc. | 11/10/2016 | 128.88 | 17538 | MACD Cross-Down Signal |
| ILMN | Illumina, Inc. | 11/10/2016 | 138.99 | 11033 | MACD Cross-Down Signal |
| JNJ | Johnson & Johnson | 11/10/2016 | 117.64 | 6394 | MACD Cross-Down ZeroLine |
| AMZN | Amazon.com, Inc. | 11/10/2016 | 831 | 3588 | MACD Cross-Down Signal |
| IBM | International Business Machines Corporation | 11/10/2016 | 154.79 | 2901 | MACD Cross-Down Signal |
| TQQQ | ProShares UltraPro QQQ | 11/10/2016 | 124.77 | 2701 | MACD Cross-Down Signal |
| SWK | Stanley Black & Decker, Inc. | 11/10/2016 | 117.66 | 1867 | MACD Cross-Down ZeroLine |
| GD | General Dynamics Corporation | 11/10/2016 | 149.6 | 1694 | MACD Cross-Down ZeroLine |
| SYK | Stryker Corporation | 11/10/2016 | 113.73 | 1433 | MACD-H -ve Divergence |
| RTN | Raytheon Company | 11/10/2016 | 136.3 | 1191 | MACD Cross-Down Signal |
| NTES | NetEase, Inc. | 11/10/2016 | 254.2 | 1147 | MACD-H -ve Divergence |
| PX | Praxair, Inc. | 11/10/2016 | 117.13 | 1096 | MACD Cross-Down Signal |
| MTB | M&T Bank Corporation | 11/10/2016 | 116.06 | 1010 | MACD -ve Divergence |
| PH | Parker-Hannifin Corporation | 11/10/2016 | 123.07 | 1006 | MACD Cross-Down Signal |
MACD Provides More Information About the Market
Many smart traders use indicator to their advantage, for example when MACD return the results like above on whatever criteria you select. The true is the market must be very bearish. Why no one buy under the same criteria. Think!
Think Think Got More Things
So, think things got more things.
The Following are October 11, 2016 One-day US Stock MACD Screening Outcome
The following are script generated signals using the Powerful AmiBroker AFL. AmiBroker is a powerful charting software. The results here are not meant to be used for buy or sell decisions. We do not vouch for their accuracy; depending of the author trading rules. They are meant to demonstrate the powerful Amibroker charting software functionality.
Next, NOT all scan results are shown here. We filter only those greater than 100 dollars and those more than 1,000k changing hands.
October 11, 2016 One-day US Stock MACD Scan
Note:
Users must understand what MACD is all about before using the results.
Have fun!