A-Share Screen for Seven-Day Declines and Positive Weekly MACD
Summary
This A-share stock selection idea combines a turnover filter with a short-term price decline and a longer-term trend condition. It screens for stocks with turnover between 3% and 12%, seven consecutive down days, and weekly MACD above zero. The article provides example formula and Python-style logic for implementing the screen, though its examples are reference implementations rather than tested research results.
The rationale is to find stocks that have fallen recently while the weekly MACD remains positive, potentially indicating a pullback within a broader positive trend. The article offers no performance evidence or backtest. It cautions that the screen omits company financials and fundamentals and may be vulnerable to market volatility; it suggests adding fundamental measures and incorporating MACD into a broader momentum approach. The stated conditions alone do not specify entry, exit, position sizing, or risk controls.
Key ideas
- The screen requires turnover between 3% and 12%.\nIt selects stocks after seven consecutive declining sessions.\nWeekly MACD must remain above zero.\nThe article provides example implementation logic but no backtest or performance evidence.\nIt warns that price and indicator filters omit fundamental information and may fail in volatile markets.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.