A-Share Screen Using MACD, Price, and Prior-Day Low

Summary

This proposed daily A-share screen combines a positive MACD reading, a share price below 12 yuan, and a latest close above the previous session’s low. The article says selections are made before the market opens and frames the price and MACD conditions as technical filters, with the close-versus-low condition intended to capture possible rebound strength. Its title instead describes the close as greater than the prior close, so the stated rule and title do not fully agree.

The post provides indicator formulas and illustrative Python filtering logic, but no backtest, performance statistics, or evidence that the screen is profitable. It flags the risks of selecting low-priced companies, omitting fundamentals, and relying on recent price behavior. Suggested refinements include adding valuation or other fundamental measures and testing the price condition quantitatively. The examples are references requiring adaptation to current data and platform interfaces.

Key ideas

• The proposed screen requires positive MACD, a price below 12 yuan, and a close above the prior day’s low.
• The article’s title describes a close above the prior close, which conflicts with the rule explained in the text.
• The post provides formula and code examples but no performance evidence.
• It cautions that low price and short-term price action do not establish company quality.

Tags

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