Daily Stock Screening with MACD, Price, and Prior Limit-Up Status

Summary

This Chinese-language post describes a daily stock screen using three conditions: MACD above its zero line, share price below a stated threshold, and no limit-up close on the previous day. It says screening is scheduled before the market opens. The rationale combines a momentum-style technical condition with a low-price filter and an attempt to avoid stocks that had recently shown an unusually strong price move. It also suggests broadening the screen with other technical, fundamental, and market sentiment measures, such as flows, trading volume, and margin activity.

The post supplies indicator formula references and illustrative Python screening code, but the example does not establish that the implementation is production-ready or that the screen is profitable. It cautions that market and sentiment changes can make results unstable, and that excluding prior limit-up stocks may miss continued strength. Data interfaces and calculations require adjustment to current data and the intended market. No backtest, performance statistics, or risk-adjusted evidence is provided.

Key ideas

• The screen combines MACD above zero with a low share price and the absence of a prior-day limit-up close.
• The post proposes running the selection before the market opens each trading day.
• It frames the prior-day condition as a way to filter stocks after unusually strong price moves.
• The author suggests adding technical, fundamental, and sentiment measures for broader assessment.
• The post gives illustrative code but no backtest or evidence of profitability.

Tags

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