Screening for Positive MACD, Positive Earnings Valuation, and Rising Lows

Summary

This Chinese-language post proposes a daily stock screen for shares with MACD above zero, a positive price-to-earnings ratio, and a rising-bottom pattern. The pattern is operationalized by comparing the current close's percentage distance from each of the previous three daily lows; each successive distance must be larger. The post includes indicator formulas, sample Python filtering logic, and says the resulting shares are sorted by daily percentage change.

The author presents the screen as a short-term selection idea, while acknowledging market volatility, missing consideration of trading volume and capital flows, and possible misclassification of the price pattern. Suggested refinements include adding volume or flow measures and applying a more careful pattern definition. The document provides no backtest, return statistics, or evidence that the conditions identify undervalued stocks or profitable trades; a positive P/E alone does not establish fair value.

Key ideas

• The screen requires MACD above zero, a positive P/E ratio, and a rising-bottom condition.
• The rising-bottom condition compares the close with the prior three daily lows.
• The sample sorts qualifying stocks by daily percentage change.
• The author notes that volume, capital flows, and pattern misclassification are concerns.
• No performance testing or profitability evidence is provided.

Tags

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