Chinese Stock Screening with Weekly MACD, Daily Range, and Prior Limit-Ups

Summary

This Chinese-language post proposes a stock screen using three technical conditions: daily high-low range greater than one percent of the previous close, weekly MACD above zero with its line above the signal line, and at least one qualifying limit-up session during 2021. The intended rationale is to combine price movement, trend direction, and evidence of strong buying interest. The post provides indicator formulas and a sample-data workflow, but does not report a selected-stock list, backtest, returns, or risk-adjusted results.

The author cautions that technical and trading data omit company fundamentals, industry conditions, and policy risks, and recommends considering business performance and sector trends before investing. The screening rules therefore describe candidate selection, not a complete trading system: the document does not specify entry and exit timing, portfolio sizing, transaction costs, or how the historical limit-up condition should be used for a current investment decision. Its reference to 2021 makes that condition retrospective and potentially unsuitable as a forward-looking signal without further testing.

Key ideas

• The screen combines daily range, weekly MACD direction, and a historical limit-up event.
• The daily range threshold is defined relative to the previous close.
• The MACD condition requires a positive value and a line above its signal line.
• The post provides no performance evidence and omits trade execution and portfolio rules.
• Company fundamentals, industry trends, and policy risks are identified as necessary context.

Tags

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