A-Share Screening with Positive MACD, PE, and Moderate Volume Ratio

Summary

This pre-market A-share screen selects stocks with MACD above zero, positive trailing price-to-earnings, and a volume ratio between 1.5 and 6. The article interprets positive MACD as a sign of an upward trend, positive PE as a normal valuation reading, and the bounded volume ratio as a way to focus on moderately active trading. It also describes ranking candidates by trading activity, though it gives no evaluated results.

The post supplies indicator definitions and sample filtering logic, but offers no backtest, return data, or evidence that the conditions predict performance. It cautions that market, selection, and data-quality risks remain, and that passing the filters does not establish sound fundamentals. Proposed refinements include industry selection and additional technical or fundamental measures. The thresholds and indicator calculations are presented as a screening recipe, not as a validated strategy.

Key ideas

• The screen is run before each trading day’s open.
• Candidates must have MACD above zero, positive PE, and volume ratio greater than 1.5 but below 6.
• The article proposes ranking selected stocks by trading activity.
• It warns that screening conditions alone do not establish fundamental quality or reduce market risk.
• No backtest or performance evidence is supplied.

Tags

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