A-Share Screen for Rising Lows and Weekly MACD Strength

Summary

This Chinese A-share stock screen combines daily amplitude above 1%, weekly MACD above zero, and a rising-bottom pattern. The article describes the latter as higher price lows alongside MACD divergence, interpreting the combination as a possible sign that a base has formed and a rebound may follow. Its formula reference expresses comparisons across lagged lows, closes, and MACD values.

The article warns that the screen uses technical conditions without fundamental analysis and that rising-bottom signals can be false. It recommends adding valuation, profitability, market, and sector considerations. The code reference does not demonstrate a complete implementation of the stated weekly rule: it retrieves daily data and applies MACD operations without clearly constructing weekly bars, and the stated amplitude calculation is not identical to the formula shown. No backtest or performance evidence is provided, so the signal should be treated as a hypothesis requiring careful specification and validation.

Key ideas

• The screen combines amplitude above 1%, weekly MACD above zero, and a pattern of rising lows.
• The article interprets rising price lows with MACD divergence as a possible base and rebound signal.
• The source cautions that technical signals can be false and omit fundamental quality and valuation.
• It recommends considering fundamentals, market conditions, and sector context alongside the technical rules.
• The code uses daily data and does not clearly implement the stated weekly MACD condition; no performance results are reported.

Tags

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