Suggestions here for a swing trade short

Screening Filters

1. MACD: bearish, negative

   • Purpose: Find stocks with downside momentum.
   • Rationale: For a short swing trade, you want names where momentum is already turning lower. A bearish MACD and negative histogram/reading suggest the trend is weakening and sellers have control, which improves the odds of a continued short-term decline.

2. Moving Average Relationship: PriceBelowMA20

   • Purpose: Confirm the stock is trading below its short-term trend.
   • Rationale: Trading below the 20-day moving average is a common sign of short-term weakness. For a short setup, this helps identify stocks that have already started breaking down rather than those still in a strong uptrend.

3. Support/Resistance Relationship: PriceFallBelowSupport, PriceFallBelowLowerBoll

   • Purpose: Capture breakdowns through key technical levels.
   • Rationale: If price has fallen below support, that often signals the market has lost an important floor and may continue lower. Falling below the lower Bollinger Band can also indicate a strong downside move or volatility expansion to the downside, both of which are useful for swing short candidates.

4. RSI Category: moderate

   • Purpose: Avoid only extremely oversold names.
   • Rationale: For a short swing trade, you typically want weakness, but not a stock that is already so oversold that a bounce is likely. A moderate RSI helps find stocks with downside potential that may still have room to fall.

5. Region: US

   • Purpose: Limit the search to U.S.-listed stocks.
   • Rationale: This keeps the screen aligned with the likely universe relevant to TXN.O-style analysis and ensures the results are in the same market environment and trading session structure.

6. List/Exchange: XNAS

   • Purpose: Focus on Nasdaq-listed stocks.
   • Rationale: Texas Instruments (TXN.O) is a U.S. Nasdaq-listed stock, so this filter keeps the screen consistent with that reference universe. It also narrows results to liquid, widely traded names that are suitable for short-term technical setups.

7. Price < EMA 20

   • Purpose: Confirm short-term bearish trend alignment.
   • Rationale: This is a direct trend filter. When price is below the 20-day EMA, it shows the stock is trading under recent average price and suggests sellers are in control in the near term.

8. Price < EMA 60

   • Purpose: Confirm the weakness is not just a brief dip below the short average.
   • Rationale: Price below the 60-day EMA indicates broader medium-term weakness, not just a temporary pullback. For a swing short, this helps avoid names that are merely correcting within a strong uptrend and instead targets stocks with more established downside pressure.

Why Results Match:

• The combined filters look for stocks that are already weakening technically, which is exactly what you want for a swing short idea.
• They require bearish momentum (MACD), price weakness below key moving averages, and breakdowns through support/Bollinger levels, which together increase the odds of finding actionable short setups.
• The moderate RSI keeps the screen from selecting stocks that are already too stretched to the downside, helping avoid shorts that may be due for a sharp rebound.
• Limiting the universe to U.S. Nasdaq stocks keeps the results relevant, liquid, and comparable to TXN.O for technical swing-trade analysis.