A-Share Screening with Positive MACD, Positive P/E, and Recent Limit-Ups

Summary

This A-share screening idea combines three conditions: MACD above zero, positive trailing P/E, and at least one limit-up day within the prior 25 days. It proposes running the screen before each trading session and sorting selected stocks by daily price change. The stated rationale is that positive MACD indicates an upward trend, positive P/E excludes companies with negative earnings, and a recent limit-up may signal investor attention.

The document gives indicator formulas and illustrative Python-style selection logic, but provides no backtest, performance figures, or validation. It cautions that the approach relies heavily on historical prices and short-term limit-up activity, which can encourage momentum chasing. It suggests adding fundamental and technical filters, while noting that the screen alone does not establish investment merit or control risk.

Key ideas

• The screen requires MACD above zero, positive P/E, and a limit-up during the previous 25 days.
• It is intended to run before each trading day and may rank candidates by daily price change.
• The article interprets positive MACD as an uptrend signal and a recent limit-up as evidence of market attention.
• No empirical performance evidence is provided, and the short-term signals may encourage trend chasing.
• The document recommends adding further fundamental and technical criteria.

Tags

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