Chinese Stock Screening with Weekly MACD and Auction Buying Flow

Summary

This stock-screening idea combines a daily amplitude filter, a positive weekly MACD condition, and buying activity in large or extra-large orders during the opening auction. The stated rationale is that amplitude and weekly MACD help identify active shares with an upward trend, while auction order flow may indicate concentrated buying interest. The document includes formula references and a sample data workflow, but it does not report a backtest, out-of-sample results, or measured predictive accuracy.

The author notes that the screen omits company fundamentals and may be unsuitable when market sentiment is unstable. Suggested additions include other technical indicators and valuation measures. The supplied formula and Python example do not fully align in how they express the order-flow threshold and MACD checks, so implementation details would need validation against the intended data source. The screen is presented as a selection aid, not as a complete entry, exit, or risk-management plan.

Key ideas

• The screen combines a minimum daily price range with a weekly MACD condition above zero.
• It also requires substantial large-order or extra-large-order buying during the opening auction.
• The proposed rationale links trend conditions with buying interest, but no predictive results are provided.
• The author identifies missing fundamental analysis and unstable sentiment as limitations.
• The example formulas and sample workflow differ in some details and require implementation checks.

Tags

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