Screening Chinese Stocks with Intraday MACD and Industry Data

Summary

This stock screen combines three filters: daily amplitude above a threshold, a shrinking negative MACD histogram on a 15-minute interval, and positive indicators associated with beverage and alcohol imports and exports. The stated rationale is to seek volatile stocks whose short-term momentum may be changing, then narrow the selection using industry-related data. The document also sketches a workflow using market data, MACD calculations, and industry fields to filter and rank candidates.

No historical test, benchmark, or outcome data is supplied, so the proposed signal’s predictive value is unknown. The text itself cautions that high amplitude can mean unstable price action, a shrinking MACD histogram does not guarantee reversal, and the industry filter cannot assure future gains. It suggests adding profitability and financial-health measures or training a machine-learning model, but gives no details for validating those changes. The described thresholds and data fields may also depend on the cited Chinese market data sources and platform conventions.

Key ideas

• The screen requires amplitude above one, a shortening negative MACD histogram on a 15-minute interval, and positive beverage and alcohol trade indicators.
• The method combines a short-term technical condition with industry-related data.
• The document outlines filtering and ranking candidates using market and industry datasets.
• A shrinking negative MACD histogram can signal a possible change in momentum but does not confirm a reversal.
• The screen has no reported backtest or evidence that its filters predict returns.

Tags

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