A-Share Screen Using Positive MACD, Low Price, and Positive Return

Summary

This A-share screening example combines a positive MACD condition with a share price below 12 yuan and a positive return. The article says the screen is run before 10 a.m. each trading day. It also gives indicator-formula and Python illustrations, describing MACD settings of 12, 26, and 9 and comparing prices across days to identify positive returns.

The proposed rationale is to combine a technical signal, a price threshold, and recent price direction. The document provides no backtest or evidence that the added return filter improves results; its claim of greater guidance is not substantiated with performance data. It flags data quality and market volatility as risks, and suggests adapting conditions to market environments and considering additional technical or fundamental measures. The strategy is a basic screening rule, with no portfolio construction or position sizing described.

Key ideas

• The screen combines positive MACD, a price below 12 yuan, and a positive return.
• The article specifies MACD settings of 12, 26, and 9 and a pre-10 a.m. screening time.
• Formula and Python examples illustrate the selection logic.
• No backtest results or evidence of improved performance are provided.
• The article notes data and market risks and suggests broader filters and risk assessment.

Tags

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