A-Share Screen Using Amplitude, Price, and Weekly MACD

Summary

This note describes a simple Chinese equity screen combining daily price movement with a weekly trend filter. It selects shares whose high-to-low amplitude exceeds 1%, whose closing price is exactly 18.5 yuan, and whose MACD is above zero. The intended rationale is to find stocks with some volatility while the weekly indicator points to an established positive trend.

The article also suggests supplementing technical conditions with company fundamentals and broader market context, including revenue, profit, business prospects, and management. It warns that relying on a few technical indicators can lead to mistaken selections and does not represent the full complexity of the market. No backtest, performance data, or empirical evidence is provided. The example code and formulas are references; their daily data checks may not fully implement the stated weekly MACD and amplitude conditions, so the screen requires careful validation before use.

Key ideas

• The screen combines amplitude above 1%, a closing price of 18.5 yuan, and weekly MACD above zero.
• The positive MACD condition is intended to favor stocks with an upward trend.
• The article recommends adding fundamentals and market context to the technical filters.
• The screen is presented without backtest results, and its sample implementation may not match every stated timeframe.

Tags

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