Chinese Stock Screening with Positive MACD and Earnings Growth

Summary

This post describes a Chinese equity screen that combines a positive MACD reading with company classification filters and year-over-year growth in net profit attributable to parent-company shareholders. The stated growth range is above 20% and at most 100%. The accompanying examples outline filtering listed stocks, comparing recent income reports, and checking price data for the technical condition.

The author notes that both price patterns and earnings growth can fluctuate over short periods, and recommends considering broader financial and industry information. The post provides selection rules and implementation sketches, but no backtest, portfolio construction method, or performance results. Its examples also express the MACD condition differently: the screening formula checks MACD above zero, while the Python sketch compares MACD with its signal line. Researchers would need to resolve that distinction and verify data definitions before using the screen.

Key ideas

• The proposed screen requires MACD above zero and net profit growth within a specified range.
• It also applies company classification filters to the eligible stock universe.
• The post warns that both earnings growth and price signals may vary over short periods.
• The examples differ on whether the MACD test is zero-line position or comparison with its signal line.
• No backtest or realized performance evidence is supplied.

Tags

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