Screening Chinese Robot Stocks with MACD, KDJ, and Dividend Yield

Summary

The document presents a Chinese stock screen that starts with daily price amplitude above 1%, membership in the robotics concept group, circulating market value below 10 billion yuan, and positive daily MACD. It then proposes adding KDJ below 20 with an upward K/D crossover, while excluding stocks with dividend yield below 2%. Examples show how the conditions could be expressed in screening formulas and Python, with a heat ranking used to order selected stocks.

The text describes the rules but provides no backtest, performance results, or evidence that the added filters improve selection. It cautions that the original screen omits relevant fundamentals and technical factors, that MACD can be unreliable for longer trends and may give overbought or oversold signals, and that short-term market moves can produce false selections. The proposed additions are suggestions rather than validated improvements; the document also gives no portfolio, entry, exit, or risk-sizing rules.

Key ideas

• The initial screen combines price amplitude, robotics concept membership, a circulating market-value ceiling, and positive daily MACD.
• The proposed refinement adds a low KDJ reading with an upward crossover and a dividend-yield threshold.
• The article warns that a small set of signals can produce false selections and may not capture longer-term trends.
• No backtest or performance evidence is provided for the original screen or its proposed refinements.

Tags

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