Screening A-Shares by Weekly MACD and Parent Net Profit Growth

Summary

This A-share screening idea combines daily price amplitude above 1, a positive weekly MACD signal, and year-over-year growth in net profit attributable to parent-company shareholders between 20% and 100%. The author presents it as a way to pair a technical trend condition with a profitability filter, then suggests adding further fundamental measures to refine the candidates.

The document includes indicator formula and Python examples, but no backtest, performance data, or validation of the signal. It cautions that profit growth alone does not establish company quality, varies in meaning across businesses and industries, and should be assessed alongside other financial information. The examples are implementation references, and their data handling and indicator definitions may need checking before use.

Key ideas

• The screen requires daily amplitude above 1 and a positive weekly MACD condition.
• It selects companies with parent-attributable net profit growth from 20% through 100% year over year.
• The method combines a price-based signal with a profitability filter.
• Profit growth should be compared in the context of each company and industry.
• The document gives no evidence of historical or live trading performance.

Tags

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