A Chinese Equity Screen Combining Weekly MACD and Oversold KDJ

Summary

This Chinese stock-selection proposal combines three technical filters: daily amplitude above 1%, weekly MACD above its zero line, and the K value from KDJ below 20. The weekly MACD condition is intended to keep stocks with a positive broader trend, while a low K value is treated as a possible short-term oversold signal that may precede a rebound. The post also sketches indicator formulas and a Python-style screening approach.

The document offers a screening hypothesis, not evidence of profitability: it reports no backtest, returns, or comparison with a benchmark. It warns that technical signals can be false and that the screen ignores valuation, earnings, and wider market conditions. The code reference does not fully establish a reproducible implementation of the weekly MACD filter, and the post recommends combining technical criteria with fundamental and market context before using selections. The oversold reading alone cannot establish that a decline is ending.

Key ideas

• The screen requires daily amplitude above 1%, weekly MACD above zero, and KDJ K below 20.
• The author interprets the low K value as a possible short-term oversold signal.
• The proposal contains no performance results or backtest evidence.
• The post cautions that technical indicators can give false signals and omit fundamentals.

Tags

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