Chinese Stock Screen Using Weekly MACD, Price Amplitude, and Moving Averages

Summary

This Chinese-language post describes a stock screen using three conditions: daily high-low amplitude above one percent of the previous close, weekly MACD above zero with its prior value above its signal line, and the 20-day moving average above the 120-day moving average. It presents the rules as a technical filter intended to identify stocks with positive momentum and a rising price trend. Formula examples and a Python-style outline are included, though the outline does not clearly implement the weekly MACD condition as stated.

The post offers no defined universe, rebalancing schedule, transaction-cost assumptions, benchmark, or measured results. It acknowledges that the screen is simple and omits broader market conditions and company-specific factors. It also incorrectly characterizes moving averages as fundamental data; they are price-based technical indicators. The screen is therefore a rule description, not evidence that the selected stocks will outperform.

Key ideas

• The screen requires daily amplitude above one percent of the previous close.
• It requires weekly MACD to be above zero, with the prior MACD above its signal line.
• It also requires the 20-day moving average to exceed the 120-day moving average.
• The post provides formulas and a code outline but no performance results.
• The rules omit market context and company fundamentals, and moving averages are technical indicators.

Tags

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