A-Share Stock Screen Using Weekly MACD, Intraday MACD, and RSI

Summary

This stock-selection rule combines three technical conditions: RSI below 65, weekly MACD above the zero line, and a shortening green MACD histogram on a 15-minute chart. The accompanying screening logic also ranks candidates by daily price change and retains the highest-ranked names, while the Python example filters for trading activity and MACD conditions. The article describes this as a way to identify stocks with potentially improving short-term momentum within a broader positive weekly trend.

The post warns that indicator-only selection ignores company fundamentals and remains exposed to market volatility. It suggests adding measures such as price change, turnover, and market capitalization, then combining technical and fundamental review. The examples provide formulas and data-processing code, but no historical performance results or validation of the proposed signals. The code’s data joins and indicator calculations are implementation examples rather than evidence that the screening rule is profitable.

Key ideas

• The screen requires RSI below 65, weekly MACD above zero, and a shortening 15-minute MACD histogram.
• The example ranks candidates by daily price change after applying liquidity and indicator filters.
• The author suggests adding turnover, market capitalization, and other measures for broader evaluation.
• The post identifies omitted fundamentals and market volatility as risks.
• No backtest results are supplied to establish the screen’s effectiveness.

Tags

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