Screening Chinese Stocks by Volatility, MACD, and a Fixed Price

Summary

This note describes a stock screen that combines an amplitude threshold above 1, a MACD reading above its zero line, and a closing price equal to 18.5 yuan. It frames amplitude as a measure of price movement and MACD’s position as a bullish signal, while treating the exact price as a personal trading-plan constraint. The note also gives example indicator formulas and a Python-style implementation, but provides no backtest, performance figures, or evidence that the combined conditions improve returns.

Its own risk discussion points out that a fixed share price does not establish fair value and that a small set of technical conditions omits other market and company factors. It suggests adding technical and fundamental measures, but does not specify which additions to use or how to validate them. The stated criteria are therefore a basic screening idea, not a complete trading system; its results would depend on data definitions, execution assumptions, and further testing.

Key ideas

• The screen requires amplitude above 1 and MACD above its zero line.
• It also restricts candidates to a closing price of 18.5 yuan.
• The note treats the price condition as a personal plan setting rather than a valuation measure.
• It recommends adding other technical and fundamental factors, without defining or testing them.

Tags

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