Screening Robot-Themed Small Caps with Turnover and Weekly MACD

Summary

This note outlines a screen for main-board Chinese stocks that belong to a robotics concept group, have float market capitalization below 10 billion yuan, and show turnover between 3% and 12%. It also requires a weekly MACD condition: the note describes the MACD line as being above the zero axis, while its indicator example specifies a weekly crossover of the DIF line above DEA after being at or below it in the prior period. The sample workflow combines turnover, concept membership, float capitalization, and weekly indicator data.

The strategy emphasizes liquidity, a thematic association, smaller capitalization, and technical momentum. The author cautions that it omits company fundamentals and industry conditions, and that weekly MACD can misread short-term fluctuations. Suggested improvements include adding fundamental and sector measures and using several technical signals. The document gives no backtest, return figures, or evidence that the filter is predictive; its illustrative data queries also leave important implementation details unspecified, so the screening logic should be treated as a proposal rather than a validated strategy.

Key ideas

• The screen combines robotics concept membership, turnover from 3% to 12%, and float capitalization below 10 billion yuan.
• It adds a weekly MACD signal, described as above zero and illustrated as a DIF-over-DEA crossover.
• The workflow joins data from turnover, concept membership, capitalization, and weekly indicator screens.
• The note warns that technical signals alone omit business fundamentals and sector context.
• No performance test is reported, and the code example leaves implementation details unresolved.

Tags

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