Screen Chinese Stocks by Range, MACD, and Float Market Capitalization

Summary

The proposed Chinese stock screen combines three filters: prior-bar price amplitude above 1%, a MACD signal above the zero line, and circulating market capitalization above 10 billion yuan. The stated rationale is to find shares with meaningful price movement, positive MACD conditions, and a relatively large publicly tradable value. The document presents these as screening criteria that may help identify stocks with upward potential; it does not provide a tested portfolio, trading schedule, or evidence that the combination improves returns.

The source suggests supplementing the screen with other technical and fundamental measures, and considering market conditions, industry differences, company results, and financial health. It also warns that large-capitalization stocks can still experience excessive volatility from speculative activity. The included formula references amplitude using the previous close and a MACD crossing condition, while the sample Python is illustrative and appears to rely on undefined functions and data. The screening thresholds and implementation therefore need careful verification before use, and the document offers no backtest results or risk controls.

Key ideas

• The screen requires prior-bar amplitude above 1%, MACD above zero, and circulating capitalization above 10 billion yuan.
• The proposed rationale links price movement, positive momentum conditions, and tradability.
• The source recommends adding technical and fundamental filters and considering industry context.
• It warns that speculative activity can still produce excessive price swings.
• No performance evidence is supplied, and the sample implementation needs verification.

Tags

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