Screening Chinese Stocks by Ten-Day Return, MACD, and Amplitude

Summary

This Chinese stock-selection note describes a three-condition screen: ten-day price gain above zero but below 35, MACD below zero two days earlier, and amplitude above 1. It frames the conditions as combining recent performance, a technical indicator, and price fluctuation to identify candidate stocks. The document does not define how amplitude is calculated or specify a trading, entry, or exit rule.

The note warns that a ten-day return window may miss longer-term company performance and industry trends, and that recent price gains do not establish durable financial growth. It recommends adding fundamental and industry information, considering longer return horizons, and adapting criteria to market conditions. No historical test, performance evidence, or implementation details are provided; the selection logic is presented as a preliminary screen rather than a validated strategy.

Key ideas

• The screen requires a positive ten-day gain below 35, prior MACD below zero, and amplitude above 1.
• The conditions combine short-term price movement, a technical measure, and volatility-related movement.
• The note cautions that a ten-day lookback may not represent long-term performance or industry trends.
• It recommends combining the screen with fundamental, technical, and industry analysis.
• No backtest or evidence of profitability is supplied.

Tags

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