Screening Small Profitable Stocks with Intraday MACD Contraction

Summary

This Chinese stock-screening proposal combines daily price amplitude above one percent, market capitalization below 10 billion yuan, positive net profit, and a shortening MACD histogram on a 15-minute interval. The author treats amplitude as a way to find active stocks, profitability as a basic quality filter, and histogram contraction as a possible entry cue. Formula and Python examples outline screening by capitalization, price change, profits, and MACD-related conditions.

The document gives no backtest or live-performance evidence. It cautions that a shrinking histogram can be a brief signal, smaller companies can be more volatile, and a narrow set of filters may miss relevant risks. It suggests adding other indicators and considering industry and business characteristics. The code examples and stated logic should be reconciled before use, as the examples do not consistently implement the described intraday histogram condition.

Key ideas

• The screen combines price amplitude, market capitalization, positive earnings, and a short-term MACD condition.
• The proposed MACD histogram contraction is presented as a possible buy cue, not a confirmed forecast.
• The article supplies formula and Python examples but reports no measured strategy results.
• Small-company volatility and the limited number of filters are identified as risks.
• The implementation examples do not consistently match the described 15-minute histogram signal.

Tags

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