Screening Chinese Robotics Stocks with MACD and a Small-Cap Limit

Summary

The document describes a Chinese A-share screening approach that selects companies associated with robotics, with MACD above zero and circulating market capitalization below 10 billion yuan. It presents the positive MACD reading as a trend filter, the robotics theme as an industry focus, and the capitalization ceiling as a way to narrow the universe. It also gives example implementations using screening conditions and market data tools.

The article offers no backtest, performance figures, or evidence that the filters predict returns. It notes that restricting the search to robotics can exclude opportunities in other sectors, while the size ceiling omits larger firms. It suggests broadening themes or adding valuation, profitability, and technical measures, but does not test those changes. The code examples and descriptions should be treated as illustrations of the intended screen; they do not establish that all data fields are aligned or that the stated “enterprise nature” condition is implemented consistently.

Key ideas

• The screen requires MACD to be above zero and associates candidates with the robotics theme.
• It limits eligible stocks to those with circulating market capitalization below 10 billion yuan.
• The document frames MACD as a trend filter and the market-cap limit as a way to constrain the universe.
• A narrow sector focus and size threshold can exclude otherwise qualifying companies.
• The proposed additions of valuation, profitability, and other technical measures are suggestions rather than tested improvements.

Tags

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