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Combining Weekly MACD, Price Range, and Revenue Growth for Stock Selection

Article SuperMind

Summary

This Chinese-language article describes an equity screen that combines a price-range condition, a positive weekly MACD reading, and revenue growth: 2021 revenue must exceed 2018 revenue by more than the stated threshold. It outlines corresponding indicator and Python examples, using historical fundamentals and weekly price data to filter stocks. The article presents the screen as a way to combine technical momentum with business growth, but it does not report a backtest, portfolio returns, or evidence that the filters predict future performance.

The author notes that revenue growth alone does not establish profitability and suggests adding measures such as net income growth or return on assets. Companies without 2018 revenue data, including some newer listings, may be excluded. The code is illustrative and leaves implementation choices to the user; its weekly MACD checks use low prices and require both MACD-related values to be positive. Results may therefore depend on data availability, indicator definitions, and screening dates. The article offers a screening recipe rather than a validated trading system, and gives no entry, exit, sizing, or risk-management rules.

Key ideas

  • The screen combines a price-range threshold, positive weekly MACD conditions, and revenue growth between two specified years.
  • The examples use historical financial statements and weekly price data to select stocks.
  • The article provides no backtest or evidence of realized strategy performance.
  • Revenue growth alone omits profitability and other measures of financial health.
  • Stocks missing the earlier revenue observation may not qualify for the screen.

Tags

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