MACD and Stock Popularity Screening with a Beijing Exclusion

Summary

This article describes a daily A-share screening rule applied after the market opens. It keeps stocks whose MACD is above the zero line, ranks them from highest to lowest by stock popularity, and excludes companies classified as being from Beijing. The rule therefore combines a trend-related technical filter, a popularity ranking, and a regional restriction.

The article includes a MACD formula and sample Python filtering logic, but says the popularity measure has no specified indicator and must be implemented separately. It gives no backtest or returns evidence. Its risk discussion notes that historical price behavior may not predict future trends, and that the screen omits company financials and may be affected by regional policy changes. It recommends assessing financial and industry factors and considering additional indicators before relying on the selection rule.

Key ideas

• The screen selects A shares with MACD above zero and excludes Beijing-region stocks.
• Eligible stocks are ordered by their popularity, but the article does not define how popularity is measured.
• The selection is intended to run daily after the market opens.
• The article provides a MACD formula and sample filtering logic but no performance results.
• It identifies missing financial analysis and changing regional policies as limitations.

Tags

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