A-share Momentum Screen Using Recent Limit-Ups and Weekly MACD

Summary

This A-share stock screen combines three conditions: the stock’s reported increase in positions today must exceed 5%, weekly MACD must be above zero, and the stock must have had more than two limit-up days in the past ten days. The accompanying explanation treats the position increase as a sign of market attention, weekly MACD as a trend filter, and recent limit-ups as evidence of short-term strength.

The post frames the screen as a way to find stocks with attention, an upward trend, and recent explosive price action, but it provides no backtest, performance statistics, or evidence that the conditions predict returns. It warns that the method focuses on short-term price behavior and can be sensitive to market swings, while overlooking fundamentals and longer-term trends. It suggests adding valuation, fundamental, and longer-horizon measures, but does not specify or test those additions. The post’s code excerpt is incomplete, so the stated screening rules are clearer than its implementation details.

Key ideas

• The screen requires a reported position increase above 5%, weekly MACD above zero, and more than two limit-up days in the prior ten days.
• The rules combine a buying-interest proxy, a trend filter, and a short-term price-strength condition.
• The post gives a rationale for the conditions but no backtest or return evidence.
• Its short-term focus may leave the screen exposed to volatility and company fundamentals not represented by the rules.

Tags

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