Chinese Stock Screen Using Weekly MACD, Amplitude, and Price Range

Summary

This stock screen combines daily amplitude above 1, a positive weekly MACD reading, and a share price in the 18-to-19 yuan range. The post frames amplitude as a measure of movement, the weekly MACD condition as a sign of upward momentum, and the price band as a way to narrow the candidate list. It includes example formula and Python implementations, but the snippets differ in places from the written criteria, including the code’s MACD timeframe and amplitude threshold representation.

The author cautions that the screen relies heavily on technical signals and short-term market behavior while omitting fundamentals. Suggested refinements include valuation measures, turnover, and trading volume. No backtest results or evidence of predictive performance are supplied, and the examples are described as requiring adaptation. The selection rules are therefore best understood as a basic screening template rather than a complete or validated trading strategy.

Key ideas

• The screen selects for daily amplitude above 1, positive weekly MACD, and a share price between 18 and 19 yuan.
• The post interprets amplitude as activity and positive MACD as an upward technical signal.
• Its example implementations do not fully match the written conditions.
• The author recommends adding valuation and trading-activity measures, while reporting no strategy validation.

Tags

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