Chinese A-Share Screen Using MACD, Rising Averages, and Profitability

Summary

This Chinese-language post outlines an A-share stock-selection screen combining a positive MACD condition, rising or diverging moving averages, market capitalization below 10 billion yuan, and positive earnings per share. It also suggests ranking candidates by daily price change. The accompanying discussion frames the screen as a way to find smaller companies with upward price signals and no reported losses, and proposes adding fundamental, industry, growth, and valuation information for a broader assessment.

The post includes formula and Python examples, but their conditions do not align throughout: the prose refers to upwardly diverging averages, while one formula compares adjacent daily averages and the Python excerpt uses different moving-average fields. The code therefore needs checking before use. No backtest, portfolio construction, or measured returns are supplied. The author notes that market capitalization and earnings alone can omit relevant factors and that capitalization shifts may make the screen short term. The described filters are a starting point, not evidence of an effective investment strategy.

Key ideas

• The screen combines positive MACD, upward average behavior, a market-cap ceiling, and positive earnings per share.
• The post proposes sorting selected stocks by daily price change.
• Its formula and Python examples use inconsistent moving-average conditions and should be reconciled before implementation.
• The author recommends considering fundamentals, industry trends, growth, and valuation alongside the stated filters.
• No performance testing or return evidence is provided.

Tags

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