Screening Chinese Stocks with Positive MACD and Repeated Limit-Up Moves

Summary

This stock-selection proposal combines a positive MACD reading, a favorable but undefined company-quality condition, and at least two limit-up events within the stated 500-trading-day lookback. The rationale is that positive MACD suggests an upward trend, company quality may indicate stronger prospects, and repeated limit-ups may reflect market enthusiasm. The post also offers sample indicator logic and Python snippets, including valuation filters, price-history processing, and a high-price-move count.

The document gives no backtest, benchmark, or measured evidence that the combined screen predicts returns. Its explanations are hypotheses, and the company-quality criterion is not clearly operationalized; the sample code also uses differing lookback logic, so it may not implement the headline rule consistently. The author acknowledges that short-term price chasing can neglect fundamentals and that sentiment can change. Suggested extensions include valuation measures and additional technical indicators, but their effects are not tested.

Key ideas

• The proposed screen requires positive MACD, a favorable company-quality condition, and repeated limit-up events over the stated lookback.
• The rationale combines trend, fundamental quality, and market sentiment signals.
• The post includes sample formulas and code but reports no backtest or performance evidence.
• The company-quality condition and sample lookback implementation are not fully consistent or precise.
• The author flags changing sentiment and neglected fundamentals as risks.

Tags

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