A-Share Screening with Positive MACD, Low Share Price, and Institutional Flow
Summary
The document describes a daily pre-market A-share screening rule that selects stocks with MACD above zero, a share price below a stated ceiling, and positive institutional-flow readings. The approach combines a technical momentum condition with a price filter and a measure intended to represent institutional activity. It also gives indicator and data-processing examples, but these are reference material rather than a fully specified, reproducible trading system.
The article identifies important limitations: it omits valuation and other fundamental measures, depends heavily on MACD, and may be affected by inaccurate institutional-flow data. It suggests incorporating valuation measures, combining additional technical indicators, adapting the price threshold, and improving flow-data quality. No backtest, performance statistics, or comparison with alternative screens is provided, so the selection rule should be understood as a basic screening idea rather than a validated strategy.
Key ideas
- The screen requires positive MACD, a share price below a fixed threshold, and positive institutional-flow readings.
- It is intended to combine a technical trend signal with price and investor-flow filters.
- The rule omits valuation measures and may be vulnerable to changing market conditions or noisy flow data.
- The document offers possible refinements but provides no evidence from strategy testing.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.