Screening Chinese Stocks by MACD, Company Type, and Recent Limit-Ups

Summary

This post describes a Chinese equity screen built around MACD being above zero, a company-type condition, and a claim that the stock had three consecutive limit-up sessions on the previous day. It presents the positive MACD reading as a possible sign of an upward trend and the limit-up pattern as evidence of strong market attention. However, the company-type criterion is unclear: the accompanying formula refers to a concept containing a particular term, while the explanation describes a preference for stable companies.

The implementation details do not clearly match the stated rule. The formula refers to restricted-share data, and the Python example checks prices and shareholder information before applying a listing-progress filter; neither clearly verifies three consecutive limit-ups. The post offers no backtest or performance evidence. It cautions that the screen is narrow, may overlook broader market performance and other relevant factors, and remains exposed to market risk. It suggests adding technical and fundamental measures and reassessing the criteria as conditions change.

Key ideas

• The stated screen combines a positive MACD reading, a company-type filter, and a recent three-session limit-up pattern.
• The post treats a positive MACD reading as a possible upward-trend signal and limit-ups as a sign of market attention.
• The company-type condition is not clearly defined across the explanation and formula.
• The sample formula and Python implementation do not clearly establish the claimed three consecutive limit-ups.
• The post recommends adding financial and technical measures, while providing no backtest evidence.

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