Chinese Stock Screening with Weekly MACD and a Rising 30-Day Average

Summary

This stock-selection proposal looks for shares with daily amplitude above 1%, weekly MACD above the zero line, and a rising 30-day moving average. The article frames amplitude and MACD as measures of market activity and direction, while the rising average is intended to indicate an upward price tendency. It supplies example screening formulas and a Python outline that retrieves daily and weekly stock data, calculates indicators, and filters the universe.

The source cautions that the approach relies on technical conditions and does not evaluate earnings, financial health, or other fundamentals. It also notes that short-term technical changes may not represent a stock’s longer-term prospects, and recommends combining market, financial, and industry context with risk controls. No backtest results or performance statistics are presented. The Python outline’s calculations and conditions may not correspond exactly to the written screening rules, so implementation should be checked before using the screen for research or trading.

Key ideas

• The screen combines daily amplitude above 1%, weekly MACD above zero, and an upward-sloping 30-day moving average.
• The article treats these conditions as a way to identify active stocks with positive technical direction.
• The proposal omits company fundamentals and may miss longer-term factors affecting performance.
• It recommends adding market, financial, and industry context and applying risk controls.
• The example code is an outline, and the document reports no tested results or performance statistics.

Tags

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