Chinese Stock Screening with Turnover, Price Gains, and Weekly MACD

Summary

This Chinese stock-selection post proposes screening shares using turnover between 3% and 12%, a positive 10-day gain below 35%, and weekly MACD above zero. Its accompanying example adds practical filters such as excluding certain board listings, recently listed shares, and stocks flagged as special treatment, then checks daily prices and turnover before retaining candidates. The stated rationale is to combine trading activity, recent price movement, and a trend indicator.

The post warns that single-indicator rules can be overfit or too idealized, and that MACD may lag during trend changes. It recommends validation and suggests adding technical or fundamental inputs. The example does not report backtest or live results, and some code conditions do not clearly implement the stated 10-day return rule. Treat the screening logic as a hypothesis to test with point-in-time data, realistic trading costs, and appropriate out-of-sample validation; the article itself does not establish predictive value.

Key ideas

• The screen combines a turnover band, a positive but bounded 10-day gain, and weekly MACD above zero.
• The example adds listing-age, market-board, special-treatment, and daily-price filters.
• The proposed rationale combines liquidity activity, short-term price movement, and trend information.
• The post identifies overfitting and MACD lag as risks.
• No performance evidence is provided, and the example's conditions should be checked against the stated screening rule.

Tags

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