Screening Chinese Stocks with High Amplitude and Negative MACD

Summary

This stock-selection rule screens for shares with price amplitude above 1%, codes beginning with 60, and a MACD value below zero two sessions earlier. The article explains the amplitude condition as a way to seek volatile stocks and uses MACD as a lagging trend or reversal indicator. Its final description also prioritizes stocks with stronger recent fund inflows, while the supplied code ranks candidates by order imbalance.

The post provides indicator and Python examples, but no backtest, performance figures, or evidence that the screen generates returns. It warns that MACD signals can arrive after market moves and that high volatility raises risk. The screening details are not fully consistent across the prose and examples, so the exact implementation would need checking before use. The author suggests combining the technical screen with other indicators or fundamental analysis and managing risk carefully.

Key ideas

• The screen combines price amplitude above 1%, a 60-prefix stock code, and a lagged negative MACD reading.
• The article describes MACD as a potentially lagging trend or reversal signal.
• Its final rule favors recent fund inflows, while the code example sorts by order imbalance.
• The post provides example implementations but reports no backtest results.
• Higher volatility can increase risk, and the rule may benefit from additional analysis and risk controls.

Tags

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