A MACD and Market-Capitalization Screen for Low-Priced Chinese Stocks

Summary

This document describes a daily stock screen combining a positive MACD condition with a share price below 12 yuan and circulating market capitalization above 10 billion yuan. It says the scan runs before the market open and presents both indicator-formula and Python-style examples for selecting qualifying stocks.

The rationale is to combine a technical trend signal with price and company-size filters. The document gives no backtest, performance data, or comparison against a benchmark, so it does not establish that the screen is profitable. It flags market fluctuations and inaccurate input data as risks, and suggests adding technical or fundamental filters and adapting thresholds to market conditions. The sample code also appears to have data-field and ranking dependencies that would need review before use; its results should not be treated as validated trading signals.

Key ideas

• The screen combines MACD above zero with a share price below 12 yuan and circulating market capitalization above 10 billion yuan.
• The stated selection schedule is before the market opens on each trading day.
• The document proposes adding technical or fundamental criteria to refine the stock universe.
• It offers no empirical performance evidence and identifies market movement and data quality as risks.

Tags

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