Chinese Stock Screening with Limit-Ups, MACD, and RSI

Summary

This stock screen combines three conditions to form a candidate pool: more than two limit-up days within ten days, a shortening MACD histogram on a 15-minute chart, and RSI below 65. The stated rationale mixes recent market attention, represented by limit-up activity, with technical momentum signals. The accompanying Python example calculates RSI and MACD from price history and attempts to count limit-up sessions.

The post warns that the screen ignores company fundamentals and can select stocks vulnerable to short-term pullbacks. It suggests adding fundamental measures and refining the limit-up filter. No performance results or risk statistics are provided. There is also a mismatch between the described ten-day count of limit-up days and the example code, which counts a consecutive run and stops at the first non-limit-up session. As presented, the screen is a candidate-generation rule rather than a tested trading system; data definitions, execution, and validation would need careful review.

Key ideas

• The screen selects stocks with more than two limit-up days in ten days, a shortening 15-minute MACD histogram, and RSI below 65.
• The rule combines short-term technical indicators with a measure of recent price-limit activity.
• The post flags the absence of fundamental analysis and possible short-term pullbacks as risks.
• The example code counts consecutive limit-up sessions, which differs from the stated ten-day count.
• The document provides no performance evidence for the screen.

Tags

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