Chinese Stock Screening with MACD, Positive P/E, and Limit-Up History

Summary

This daily pre-open screen combines three conditions: MACD above zero, positive trailing P/E, and at least two limit-up sessions in the prior 500 days. The article interprets these as an upward trend, a conventional positive earnings valuation, and evidence of market interest. It provides indicator definitions and a screening expression, plus a Python sketch intended to illustrate selection and date sorting.

The article offers no backtest, performance statistics, or validation of the proposed signals. It cautions that the screen is narrow, that a long lookback of limit-ups does not describe near-term price behavior, and that selected stocks may need further technical and fundamental review. The code examples also differ in their data and implementation details, so the screening logic should be checked before use.

Key ideas

• The screen requires MACD to be above zero and P/E to be positive.
• It also requires at least two limit-up events during the previous 500 days.
• The selection is intended to run before each trading day opens.
• The article gives no evidence that the combined conditions produce profitable returns.

Tags

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