Screening Stocks by Price Range, Weekly MACD, and Large-Order Flow

Summary

This article outlines a Chinese equity screening rule combining daily amplitude above one, a positive weekly MACD reading, and a high ranking for net large-order volume. It describes these conditions as a way to find volatile stocks with upward price momentum and supportive trading flows. The proposed refinement specifies that the large-order net-volume rank should be within the top ten. The article also includes example implementations for a stock screener and Python, but the examples use platform-specific data functions and do not establish that the rules match perfectly across implementations.

The discussion gives no backtest, performance figures, or comparison against a benchmark. It warns that technical and short-term flow signals can omit company fundamentals, and that large-order net volume is only an imperfect proxy for capital flows. Suggested additions include valuation measures, turnover, trading volume, and other flow indicators. The rule is therefore a screening concept rather than evidence of a profitable strategy; its thresholds, data definitions, and out-of-sample behavior would need separate evaluation.

Key ideas

• The screen combines daily amplitude above one with a positive weekly MACD signal.
• It uses large-order net-volume ranking to represent trading-flow conditions.
• The refined rule places selected stocks within the top ten for that ranking.
• The article cautions that short-term technical and flow measures omit fundamentals and may be noisy.
• No backtest or performance evidence is provided.

Tags

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