A Low-Price Stock Screen Using Positive MACD and a Weekly Moving Average Cross

Summary

The document presents a stock-selection screen combining three conditions: MACD above zero, share price below 12 yuan, and a weekly five-period moving average crossing above the ten-period average. It says the screen is run before 10 a.m. on each trading day. The rationale is to combine a momentum or trend signal with a low-price filter and a weekly trend change.

It includes indicator formula references and sample Python logic, while noting that data sources and code may need adjustment. The discussion warns that market changes can make results unstable and that the price ceiling can exclude otherwise attractive companies. It suggests adding technical and financial measures, but supplies no backtest, performance statistics, or defined risk controls. The stated conditions are a screening idea, not evidence of a profitable strategy.

Key ideas

• The screen requires MACD to be positive and the share price to be below 12 yuan.
• It uses a weekly five-period moving average crossing above the ten-period average as a trend condition.
• The stated screening time is before 10 a.m. on each trading day.
• The post notes that the price filter may exclude fundamentally strong, higher-priced stocks.
• It gives no backtest evidence or risk-management rules.

Tags

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