A-Share Screen Using Positive MACD, Low Share Price, and Rising Holdings

Summary

This Chinese-language post describes a daily pre-open screen for A-share stocks. It combines a positive MACD condition with a share price below 12 and a stated increase in holdings above 5%. The rationale is to mix a trend signal and a low nominal price with an indicator intended to represent added positions. The post provides example indicator and Python snippets, though the code’s filters do not cleanly match the stated holdings condition: it uses price change and settlement data as part of its calculation.

The author characterizes the screen as a way to find stocks with potential upside, but supplies no backtest, returns, or comparison with a benchmark. The post acknowledges that its indicators are narrow and that holdings data may be uncertain, and suggests adding liquidity measures and adjusting to changing market trends. Its claims about upside should therefore be treated as hypotheses; the screen does not account for company fundamentals or establish that its signals predict performance.

Key ideas

• The proposed screen runs before each trading day and selects stocks meeting three stated conditions.
• The conditions are MACD above zero, a price below 12, and an increase in holdings greater than 5%.
• The post includes sample implementations, but the Python filters do not clearly implement the stated holdings measure.
• The author flags narrow indicator coverage and uncertainty in the holdings data as limitations.
• No backtest or performance evidence is provided to support the screen’s upside claims.

Tags

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