A Chinese Stock Screen Using Positive MACD, Rising Averages, and Float Size

Summary

The post presents a Chinese A-share screening idea that combines a positive MACD reading, an upward-moving average condition, and a limit on tradable share count. It describes positive MACD as a bullish signal and the average condition as evidence of an upward trend. It also offers illustrative indicator and screening formulas, plus a Python-oriented example that filters shares and sorts candidates by price change.

The post cautions that smaller-float stocks can carry greater risk and that a screen based on a few technical and size conditions may omit important fundamental, sector, market, and policy information. It suggests adding broader evaluation and risk checks, but supplies no backtest methodology or performance evidence. The examples also do not align perfectly: the prose uses an average-divergence condition and a stated float threshold, while the sample formulas use different moving-average comparisons and a differently scaled threshold. Treat the implementation as illustrative and verify units and definitions before relying on it.

Key ideas

• The proposed screen combines positive MACD, a rising-average condition, and a maximum float size.
• The post includes example indicator and filtering formulas, along with a sorting approach based on price change.
• The author warns that smaller-float stocks may carry higher risk and that the screen omits broader evidence.
• The written criteria and sample formulas differ in their average conditions and float thresholds, so implementation details need verification.

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