A-Share Screening with MACD, Positive P/E, and a Long-Term Average

Summary

This stock screen combines three conditions: MACD above zero, positive price-to-earnings ratio, and the prior close above the 250-day simple moving average. The stated rationale is to favor stocks with positive trend momentum, conventional positive earnings valuation, and prices above a long-term reference. The document also sketches indicator formulas and a Python workflow that filters candidates and ranks them by percentage change.

No backtest, return series, benchmark, or risk-adjusted performance is provided, so the screen’s effectiveness is not demonstrated. Its own discussion notes that the rules are simple, depend on historical price behavior, and omit other drivers. It suggests adding candlestick analysis and company financial information, while the example implementation does not fully establish data sourcing or indicator calculations. The conditions are therefore best read as a screening hypothesis requiring validation and implementation checks.

Key ideas

• The screen requires MACD to be positive, P/E to exceed zero, and the prior close to exceed the 250-day simple moving average.
• The rules combine a trend indicator, a valuation filter, and a long-term price trend condition.
• The example ranks qualifying stocks by percentage change but reports no test results.
• The document identifies omitted market and company factors and recommends broader analysis.

Tags

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