Screening Low-Priced Stocks with Positive MACD and Buy-Sell Volume Imbalance

Summary

This daily stock-selection recipe combines a positive MACD reading with a share price below 12 yuan and an outside-to-inside trading-volume ratio above 1.3. It treats MACD as a technical trend signal and the volume ratio as a short-term indicator of trading pressure or sentiment. The post includes formula references and sample code illustrating how these inputs might be calculated from price and volume data.

The author cautions that the screen relies heavily on technical and sentiment measures, and that the volume imbalance may be too short-term to reflect longer-run performance. It suggests adding other technical signals, capital-flow information, market capitalization, or industry filters. No backtest or performance evidence is provided, and the code is explicitly illustrative, with data requiring updates. The ratio's precise data source and timing matter, so the stated criteria should be treated as a screening hypothesis rather than proof of an investable edge.

Key ideas

• The screen requires MACD above zero, a price below 12 yuan, and an outside-to-inside volume ratio above 1.3.
• It combines a technical indicator with a short-term measure of trading activity.
• The post warns that these inputs may overlook longer-term company performance.
• Sample formulas and code are provided, but no backtest results are reported.
• The author proposes adding other indicators and diversification filters.

Tags

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