Screening Chinese Stocks with MACD and a Weekly 30-Period Moving Average

Summary

This proposed stock screen looks for MACD above zero, a share price below 12 yuan, and a weekly price crossing above its 30-week average. It is intended to run before each trading day’s open. The document frames the MACD and moving-average conditions as technical filters and the price ceiling as an additional selection constraint, although it does not explain why that price level should indicate quality or value.

The article identifies risks: the weekly crossover covers a limited horizon, lower-priced shares may have weak businesses, and positive MACD can still occur during a pause or decline. It recommends adding fundamental measures and other technical inputs such as volume or RSI. Indicator formulas and illustrative Python snippets are included, but they do not amount to a tested strategy; the sample data handling and weekly-average construction are not fully specified. No backtest or evidence of returns is supplied.

Key ideas

• The screen combines MACD above zero, price below 12 yuan, and a weekly crossover above the 30-week average.
• It is described as a pre-open daily selection process.
• A crossover can miss longer-term influences, while low share price does not establish business quality.
• The article suggests adding fundamental data and other technical indicators.
• The examples are illustrative and provide no backtest or performance evidence.

Tags

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