Chinese Beverage and Alcohol Stock Screening with Weekly MACD

Summary

This document proposes a Chinese stock screen combining daily price amplitude, a positive weekly MACD reading, and beverage or alcohol import and export data. Its stated logic looks for amplitude above 1, a bullish weekly histogram, and import values exceeding export values for the referenced data series. The rationale is that trade data may affect the beverage and alcohol sector, while the weekly indicator adds a technical filter.

The article acknowledges that the screen omits company fundamentals and may select companies that do not fit an investor's preferences or have weak profitability. It recommends adding fundamental measures and other sector indicators or news. The code examples are presented as references, and the Python example uses daily amplitude data and weekly prices, with some ambiguity in its MACD conditions and data mapping. No historical returns or validation are reported, so the proposed relationship between trade data and stock selection remains untested here.

Key ideas

• The screen combines price amplitude, a positive weekly MACD condition, and beverage or alcohol trade data.
• The proposed trade-data filter compares imports with exports for referenced series.
• The article identifies missing company fundamentals as a key limitation.
• It suggests incorporating fundamental data and additional sector information.
• The implementation examples contain ambiguities, and the document reports no strategy performance results.

Tags

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