Combining MACD, Recent Highs, and Revenue Growth in a Stock Screen

Summary

This A-share screening proposal combines a positive MACD reading, a price high over the latest two sessions, and a revenue comparison across years. The main description specifies that 2021 revenue divided by 2018 revenue should exceed 1.1, while the headline says only that the ratio should exceed one. The article presents the technical conditions as signs of upward movement and the revenue comparison as a basic growth filter, suggesting that the mix may suit investors with a longer horizon. It also recommends considering other financial measures and rolling the comparison window over time.

The article offers formulas and a sample selection routine but no backtest or performance evidence. It notes that revenue can be affected by economic and industry conditions, captures only part of company performance, and may be stale relative to current circumstances. The examples also appear inconsistent: the Python section compares year-on-year revenue growth fields rather than clearly implementing the stated revenue ratio. The threshold and data definition should be resolved before the screen is evaluated; the conditions by themselves do not establish a complete investment method.

Key ideas

• The proposed screen combines positive MACD, a two-session price high, and a multi-year revenue comparison.
• The body specifies a 2021-to-2018 revenue ratio above 1.1, while the headline gives a different threshold.
• Revenue comparisons can be distorted by macroeconomic conditions and may not reflect current company performance.
• The code example appears to use year-on-year growth rather than the stated revenue ratio, and no performance evidence is reported.

Tags

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