Screening Chinese Stocks for Range, Weekly MACD, and Recent Limit-Ups

Summary

This stock-selection method combines three conditions: daily price amplitude above 1%, weekly MACD above zero, and at least one limit-up move within roughly the past month. The document presents the screen as a way to find stocks with both an upward technical backdrop and recent market attention. It gives formula references for amplitude, MACD, and recent price gains, along with a Python example using historical stock data.

The author cautions that the screen omits company fundamentals and that stocks with recent limit-up moves may be volatile or driven by speculation. Suggested extensions include adding indicators such as RSI or moving-average crosses and considering valuation measures. The material provides no backtest, performance statistics, or precise validation of whether the example code implements every stated condition: the code’s average amplitude and MACD checks do not directly match all the described weekly and daily rules. Treat it as a screening idea that requires careful implementation and testing.

Key ideas

• The screen requires daily amplitude above 1%, weekly MACD above zero, and a recent limit-up move.
• The method combines trend conditions with a signal of recent market attention.
• The document includes indicator formula references and a Python screening example.
• The screen excludes fundamental analysis and may select volatile, speculative stocks.
• The example code does not clearly implement every timeframe condition described in the strategy.

Tags

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