Screening Main-Board Stocks with Turnover, Market Value, and Weekly MACD

Summary

This document outlines a Chinese A-share stock screen for main-board listings. It keeps stocks whose turnover is between 3% and 12%, whose circulating market value is between 5 billion and 10 billion yuan, and whose weekly MACD is above zero. The conditions are presented as a combined liquidity, capitalization, and technical filter, with illustrative formula and data-query references.

The article notes that a positive MACD reading may fail to signal a lasting rise and that technical criteria alone omit fundamentals and market themes. It recommends considering other technical and fundamental information, though it does not alter the stated final screen. No historical test, measurement of returns, or implementation details for portfolio weighting and execution are supplied. The rule should therefore be understood as a screening proposal rather than evidence of a profitable or robust strategy.

Key ideas

• The screen limits turnover to the range from 3% to 12%.
• It selects main-board shares with circulating market value from 5 billion to 10 billion yuan.
• Weekly MACD must be above zero for a stock to qualify.
• MACD alone may not identify a persistent upward trend.
• The document supplies no performance testing or execution analysis.

Tags

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