Screening Chinese Stocks with Intraday MACD, Amplitude, and Market Cap

Summary

The document describes a stock screen combining amplitude above 1, a shortening negative MACD histogram on a 15-minute chart, and a circulating market value between 5 billion and 10 billion yuan. It presents the criteria as a way to find relatively active stocks whose short-term momentum may be changing, while using market capitalization to limit the universe to a particular size range.

It includes example formulas and a Python workflow that applies filters, joins market and price data, checks for recent lows, and sorts candidates by trading amount. These are implementation sketches rather than evidence of profitability: the document gives no backtest, benchmark, or performance statistics, and parts of the sample data handling may not align cleanly with the stated screen. It also notes that market capitalization alone does not measure investment value and suggests adding valuation, return, relative-strength, funding, and macroeconomic information. The rules may exclude useful candidates and need reassessment as market conditions change.

Key ideas

• The screen combines amplitude above 1 with a shortening negative MACD histogram on a 15-minute timeframe.
• It limits candidates to stocks with circulating market value between 5 billion and 10 billion yuan.
• Example formulas and a Python workflow illustrate how the filters could be combined with price and trading data.
• The document offers no performance evidence and warns that market-cap limits are an incomplete measure of value.

Tags

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