Combining Positive MACD, Low Share Price, and Revenue Growth

Summary

This A-share screening proposal looks for stocks with MACD above the zero line, a share price below 12 yuan, and revenue growth exceeding 10% over the prior three years. It combines a technical momentum condition and a low nominal price with a fundamental growth filter. The article says the screen is intended to run before the market opens and includes example formulas and Python-style code for calculating MACD and revenue growth from market and financial data.

The document provides no backtest, selected-stock examples, or performance evidence. It cautions that historical revenue growth may not predict future prospects and that focusing on fundamentals can overlook price movements. There is also a timing inconsistency: the description says to screen before the open, while the sample code filters records at 10:00. The code is presented as a reference requiring data updates and adjustment, and the document does not define a full entry, exit, or risk-management process.

Key ideas

• The proposed screen requires MACD above zero, a share price below 12 yuan, and three-year revenue growth above 10%.
• It combines a technical price condition with a historical fundamental growth measure.
• The article supplies example formulas and code but reports no backtest or measured performance.
• Historical growth may not reflect future prospects, while fundamental filters can miss price dynamics.
• The stated pre-open screening time conflicts with the sample code’s 10:00 time filter.

Tags

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