Screen Chinese Stocks by MACD and Profit Growth

Summary

This post presents a Chinese equity screening idea that combines a MACD value above zero with year-over-year net profit growth between 20% and 100%, framed around 2021. It explains the intent as pairing price momentum with a fundamental growth filter. The post also suggests adding financial measures such as return on equity, considering other technical indicators, and broadening the candidate set to support diversification.

SQL-like and Python examples illustrate how the filters might be applied, with the Python version ranking candidates by volume and allocating portfolio value across selected stocks. However, the examples do not fully agree on the growth threshold, date handling, or ranking procedure, so they should not be treated as a verified implementation of one precise rule. The post provides no backtest results, performance evidence, or transaction-cost analysis; its fixed historical period also limits its use as a current screening specification.

Key ideas

• The proposed screen combines MACD above zero with a net profit growth filter for Chinese stocks.
• The stated growth range is above 20% and no more than 100%, with the screen tied to 2021.
• The post identifies MACD lag and reliance on a single financial measure as potential weaknesses.
• It suggests adding financial and technical measures and diversifying across more selections.
• The sample implementations differ in how they express the growth condition and other screening details.

Tags

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