Chinese Stock Screening with Turnover, Low K, and Rising MACD Signal

Summary

This document describes a Chinese equity screening rule that combines a turnover range of 3% to 12%, a stochastic K value below 20, and a rising MACD signal line (DEA). It presents the conditions as a buy signal and gives example implementations using a stock screener and Python data tools. The intended logic is to pair a liquidity filter with an oversold reading and a strengthening trend indicator.

The document cautions that a rising DEA can give misleading signals and recommends checking other technical indicators and company fundamentals. It suggests adding measures such as RSI or a moving-average crossover. The examples are not a demonstrated backtest: no performance results are provided, and the Python snippet's indicator checks do not fully align with the stated rule. In particular, the code's DEA comparison and additional price filters differ from the written screening conditions, so the examples require validation before use.

Key ideas

• The screen combines turnover between 3% and 12% with K below 20 and a rising DEA.
• The stated rule treats stocks meeting all three conditions as buy candidates.
• The document recommends confirming the signal with other technical measures and fundamental analysis.
• No backtest evidence is provided, and the sample implementation does not consistently match the written conditions.

Tags

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