Screening Chinese Stocks by Amplitude, Weekly MACD, and Code Prefix

Summary

This stock screen combines three filters: price amplitude above 1%, weekly MACD above zero, and a stock code beginning with 60. The document presents the MACD condition as a comparison of the MACD line with its signal line on the prior bar, alongside a positive current MACD value. It frames the code prefix as a way to focus on a particular group of Chinese listed companies and describes amplitude and MACD as technical selection factors.

The article offers formula and Python examples, but does not provide performance tests, a holding period, or rules for entries, exits, and position sizing. Its explanation that prefix-60 stocks may attract speculative attention is a general rationale rather than evidence. The author cautions that the screen omits company operations, financial results, industry trends, and policy risks, and that the code restriction can exclude other candidates. The proposed use of fundamental and industry analysis is a broad caveat, not a fully specified combined strategy.

Key ideas

• The screen requires amplitude above 1%, weekly MACD above zero, and a stock code beginning with 60.
• The MACD condition also checks the relationship between the prior MACD and signal lines.
• The article provides indicator formulas and a Python sketch but no reported backtest results.
• The screen excludes fundamental, industry, and policy factors and may miss stocks outside its code-prefix constraint.

Tags

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