Screening Chinese Stocks by Market Cap, MACD, and Price Range

Summary

This Chinese A-share screening idea combines three filters: a market capitalization below 10 billion yuan, no reported losses, and a daily price amplitude above 1, alongside a negative MACD reading from two days earlier. The stated rationale is to combine a volatility measure with a short-term technical condition and a basic profitability screen. The post describes this as a way to identify comparatively higher-quality candidates, but it supplies no backtest, performance figures, or detailed definitions for the amplitude or loss filters.

The author flags several limitations: smaller companies may face financing and scale constraints, profitability is represented by only a narrow financial condition, and a two-day-old MACD observation may miss longer trends. Suggested improvements include adding broader financial and governance measures, grouping stocks by characteristics such as size or industry, using longer-horizon technical indicators, and evaluating longer-term price histories. The indicator formula and strategy code are marked as unfinished, so the post offers a screening concept rather than a fully specified or validated trading system.

Key ideas

• The screen combines market capitalization below 10 billion yuan, no reported losses, price amplitude above 1, and a negative MACD reading from two days earlier.
• The proposed filters mix volatility, technical, and financial considerations.
• The post provides no performance evidence or complete implementation details.
• It recommends richer fundamental checks and longer-term technical and price-history measures.

Tags

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