Screening Stocks by Positive MACD, Rising Averages, and Large Float Capitalization

Summary

This Chinese A-share screening idea combines three conditions: MACD above zero, upward-diverging moving averages, and float market capitalization above 10 billion yuan. The article interprets the first two as signs of an upward trend and the capitalization threshold as a way to focus on larger companies. It also provides sample indicator formulas and code-oriented examples for screening and ranking candidates by capitalization.

The article offers no backtest, performance figures, or evidence that these conditions predict returns. It warns that a rigid size threshold can exclude smaller companies and that large stocks may have less trading activity. It suggests adding financial and industry factors or using a multi-factor model. The examples do not consistently implement the stated rule: the screening formulas use different capitalization ranges, and the moving-average conditions differ from the description. Treat the examples as illustrative and verify indicator definitions and units before use.

Key ideas

• The screen requires MACD to be above zero and moving averages to indicate upward divergence.
• It adds a float capitalization threshold above 10 billion yuan.
• The article proposes adding financial, industry, or other factors to reduce reliance on a few technical and size conditions.
• The supplied formulas conflict with the stated conditions, so the implementation needs independent checking.

Tags

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