A MACD Stock Screen with Turnover and Float-Capitalization Filters

Summary

This stock-selection rule screens for shares with daily MACD above zero, turnover between 3% and 12%, and circulating market value between 5 billion and 10 billion yuan. The positive MACD condition is used as a sign of upward momentum, while the turnover and capitalization limits define the desired trading and size range. The document also gives example indicator formulas and Python-style screening logic, though the supplied code does not consistently implement every stated condition.

The post warns that the screen omits company fundamentals and that MACD can lag or fail as market conditions change. It suggests checking the signal with other technical measures, such as moving averages or Bollinger Bands. No backtest results or evidence of predictive performance are reported, so the rule is best understood as a proposed filter rather than a validated strategy.

Key ideas

• The screen requires daily MACD above zero, turnover from 3% to 12%, and circulating market value from 5 billion to 10 billion yuan.
• Positive MACD is treated as evidence of upward price momentum.
• The stated screen does not assess profitability, revenue, or other company fundamentals.
• MACD may lag or become unreliable as market conditions change.
• The post suggests confirming the signal with additional technical indicators, but reports no performance test.

Tags

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