A-Share Screening with Positive MACD, Low Price, and Trading Turnover

Summary

This note describes a daily A-share stock screen combining three filters: MACD above its zero line, a share price below 12 yuan, and previous-day trading value above 60 million yuan. It says the screen is run before the market opens and presents the turnover filter as a proxy for market activity, alongside MACD and price as technical and price-based criteria.

The document gives example indicator formulas and sample Python screening code, but it does not report backtest results or performance evidence. It cautions that turnover data may be imprecise and that the selected technical and price conditions omit other relevant factors. Suggested extensions include evaluating company finances and industry position and adding indicators such as KDJ or RSI. The examples are references rather than a complete, validated implementation, and the note says data interfaces and code may need adjustment. It does not define a full portfolio, entry, exit, or risk-management procedure.

Key ideas

• The screen looks for A-shares with MACD above zero, a price below 12 yuan, and previous-day turnover above 60 million yuan.
• It is intended to run before the market opens each trading day.
• The note treats turnover as a rough measure of trading activity and market sentiment.
• The examples are illustrative, with no backtest or evidence of profitability provided.
• Fundamental analysis and additional indicators are suggested as possible extensions.

Tags

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