Chinese Stock Screening with Turnover and Rising MACD DEA

Summary

This Chinese stock-selection post describes a screen combining turnover, listing year, and MACD momentum. It selects shares with turnover between 3% and 12%, a 2021 listing date, and a rising DEA line. The accompanying explanation presents DEA’s upward movement as a sign of improving price momentum, while the sample code calculates MACD and adds positive-MACD and DIF-above-DEA checks. The code also translates the turnover range into volume filters, so its implementation does not exactly match the stated screen.

The post offers no backtest, performance statistics, or evidence that the conditions predict returns. It cautions that the rules emphasize short-term price behavior and may miss fundamentals or other measures of stock quality. It suggests combining more indicators and quality measures, but does not specify or evaluate those additions. The approach is therefore a technical screening recipe, with implementation details that should be checked before use.

Key ideas

• The stated screen requires turnover from 3% to 12%, a 2021 listing, and a rising MACD DEA value.
• The example implementation adds positive MACD and DIF above DEA conditions.
• The code also uses volume thresholds as a proxy for the stated turnover range.
• The post warns that short-term technical filters may overlook fundamentals and other quality measures.
• No backtest or return evidence is provided.

Tags

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