Screening Robotics Stocks by Turnover, Float Value, and MACD

Summary

This document describes a Chinese equity screening rule combining a robotics concept classification, daily turnover between 3% and 12%, circulating market value below 10 billion yuan, and a negative MACD condition from two trading days earlier. The MACD condition is expressed as DIF below DEA. The screen is presented as a way to combine company size, trading activity, theme exposure, and a short-term technical signal; the accompanying examples show how such filters might be assembled with market data and indicator calculations.

The article gives no performance results or evidence that the combination predicts returns. It notes that the screen omits adequate financial and industry analysis, and that MACD may not reflect longer-term prospects or align with the broader market. It suggests adding other indicators or lengthening the MACD horizon, but does not test these changes. Its code examples also use specific historical dates and contain implementation details that may not generalize to current data or trading conditions.

Key ideas

• The screen combines robotics theme membership with turnover between 3% and 12% and float value below 10 billion yuan.
• The technical filter requires the MACD DIF value to be below DEA two trading days earlier.
• The article proposes combining technical filters with financial and industry analysis.
• The rule is not supported by reported backtest or live trading results.
• MACD may be too short-term to represent long-run fundamentals or broader market direction.

Tags

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