Screening Chinese Equities with Positive MACD and a Rising 30-Day Average

Summary

This post describes a stock-selection screen for Chinese equities that requires MACD to be above zero, a rising 30-day moving average, and a company-type criterion intended to represent business quality. The technical conditions are presented as signs of positive trend, while the company filter is meant to favor firms with stable performance and growth prospects. The post also gives formula and data-query examples and suggests adding further technical and financial measures, such as other indicators and valuation ratios.

The document does not report a backtest, returns, or evidence that these conditions forecast performance. It cautions that MACD alone is incomplete and that a short moving average can misread a broader trend. The company-quality criterion is vague, and some implementation details would need validation against the data provider’s definitions and timing. The screen is therefore a rule template rather than a tested investment strategy.

Key ideas

• The screen selects stocks with MACD above zero and an upward-sloping 30-day moving average.
• A company-type condition is included as a broad fundamental quality filter.
• The post recommends supplementing technical signals with further indicators and financial measures.
• It supplies no performance evidence and notes that the indicators can produce misleading signals.

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