A-Share Screen for Turnover, Ten-Day Moving Average, and MACD

Summary

This A-share stock screen combines turnover, the opening price relative to the ten-day moving average, and MACD. It selects stocks with turnover between 3% and 12%, an opening price within 5% of the ten-day average, and a MACD reading above zero after the prior reading was at or below zero. The crossing condition makes the screen a search for a fresh move into positive MACD territory, alongside moderate trading activity and proximity to the moving average.

The post gives formula and Python examples, but it supplies no backtest, return figures, or evidence that the criteria predict future performance. It cautions that the screen omits longer-term fundamentals and suggests supplementing it with financial, industry, and other market data. Its explanation is a screening recipe rather than a complete portfolio or trading plan, and implementation details should be checked against the intended data definitions and indicator conventions.

Key ideas

• The screen requires turnover between 3% and 12% and an opening price within 5% of the ten-day moving average.
• It looks for MACD to move above zero from a nonpositive prior reading.
• The document provides formula and Python examples but no performance evaluation.
• The author warns that technical conditions alone can miss fundamental information.

Tags

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