Chinese Stock Screen Using Weekly MACD, Daily Range, and the Ten-Day Average

Summary

This Chinese stock-selection proposal screens for three technical conditions: daily amplitude above 1%, weekly MACD above its signal and above zero, and an opening price within 5% of the ten-day moving average. The accompanying discussion frames amplitude as a measure of price movement, MACD as a trend filter, and the opening-price condition as a way to find stocks trading near a recent average. It includes formula references and a sample workflow for applying the conditions to stock data.

The document offers no measured returns, comparison, or validation of the screen. It explicitly notes that technical filters omit company fundamentals, industry conditions, and policy risks, and that moving averages may lag during extreme markets. It suggests combining technical and fundamental information and adapting moving-average use to market volatility, but does not specify or test an implementation of those suggestions. The stated criteria therefore describe a candidate screening rule, not evidence that selected stocks will outperform.

Key ideas

• The screen requires daily amplitude greater than 1% and weekly MACD above both its signal and zero.
• It selects stocks whose opening price is within 5% of the ten-day moving average.
• The proposed method relies on technical and trading data rather than company fundamentals or policy analysis.
• The source warns that moving averages can lag in extreme market conditions.
• No return results or validation of the selection rule are provided.

Tags

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