Chinese Stock Screening with RSI, Weekly MACD, and Dividend Ratio

Summary

This document describes a Chinese A-share screening idea that combines technical conditions with a historical dividend filter. It seeks stocks with RSI below 65, weekly MACD above its zero line, and a dividend ratio above 25% for 2019. The accompanying discussion suggests adding measures such as profitability, financial stability, and asset management when assessing candidates, and reassessing the dividend condition as market circumstances change.

The post includes sample screening logic and code that adds further filters involving recent price changes, large-order net flows, and valuation ranking. These additions make the implementation more specific than the stated headline screen, and the material does not report a backtest or investment results. The author cautions that dividend ratio alone omits important company and market factors, including earnings, cash flow, and leverage. The stated historical dividend year and the differing conditions in the code limit how directly the example can be applied without checking data definitions and timing.

Key ideas

• The proposed screen combines RSI below 65, weekly MACD above zero, and a 2019 dividend ratio above 25%.
• The discussion recommends considering profitability, financial stability, and asset management alongside dividend data.
• The sample code adds price movement, large-order flow, and valuation filters beyond the headline criteria.
• The post gives no backtest evidence and warns that dividend ratio omits other company and market risks.

Tags

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