A Chinese Stock Screen Using Turnover, Recent Limit-Ups, and Weekly MACD

Summary

This Chinese A-share screening idea combines a turnover range of 3% to 12%, at least one limit-up event in the prior 25 days, and weekly MACD above zero. The intended rationale is to find liquid, recently active stocks whose broader trend remains positive. The article also provides indicator logic and a Python example for screening securities, though the implementation details should be checked against the stated rules before use.

The author cautions that relying mainly on MACD can miss changes in sentiment, sector behavior, and other market signals. Suggested refinements include adding indicators from other time frames, fundamental and market context, and dynamic adjustments. No backtest results or performance evidence are presented, so the screen should be treated as a hypothesis requiring independent validation and risk controls.

Key ideas

• The screen requires turnover between 3% and 12%.\nIt also requires a limit-up event within the previous 25 days.\nWeekly MACD must be above zero, signaling a positive trend condition.\nThe article warns that MACD alone may overlook sector and sentiment effects.\nNo performance results are supplied to establish the screen’s effectiveness.

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