Screening Chinese Stocks with Positive MACD and Price Above the 250-Day Average
Summary
This article presents a Chinese equity screening rule combining a positive MACD reading, a prior-day close above its 250-day moving average, and company and listing filters. The described selection favors firms classified as having a suitable business profile, excludes special-treatment stocks, and requires circulating market value above a stated threshold. It frames positive MACD as a sign of an upward technical trend and the moving average as a possible support reference.
The post supplies example formulas for a domestic screening platform and Python snippets that query stock and indicator data, then print securities meeting the conditions. It gives no backtest, performance figures, or evidence that these filters predict returns. The author notes that price and fundamental indicators can be affected by many factors and suggests adding indicators such as RSI, KDJ, PE, or PB, along with industry and market context. Its rationale is therefore a screening hypothesis, not demonstrated investment advice.
Key ideas
- The screen selects stocks with MACD above zero and a prior close above the 250-day moving average.
- It adds company classification, special-treatment status, and circulating-value filters.
- The article provides platform formula and Python examples for applying the conditions.
- It presents the moving average as potential support but offers no performance validation.
- The author suggests adding other technical, fundamental, and market-context measures.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.