A-Share Screening with Positive MACD, Positive P/E, and Moderate Gaps

Summary

This A-share stock screen combines a positive MACD reading, positive price-to-earnings ratio, and an opening gap between -2% and 5% relative to the previous close. The document presents MACD above zero as a trend filter, positive P/E as a basic valuation condition, and the gap range as a way to avoid unusually large opening moves.

It provides the standard MACD calculation and defines the opening gap from the current open and prior close, along with illustrative selection logic. It offers no backtest, performance figures, or evidence that the filters predict returns. The author notes that opening moves may suit short-term trading and suggests adding financial and delisting-risk checks. The screen is therefore a simple candidate-selection rule; its thresholds, data timing, and implementation would need evaluation before use.

Key ideas

• The screen requires MACD above zero and a positive P/E ratio.
• It accepts opening gaps from -2% to 5% versus the prior close.
• The document frames MACD as a trend filter and P/E as a basic valuation check.
• It provides no performance evidence and recommends considering financial quality and delisting risk.

Tags

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