Screening Stocks for Daily MACD Strength and Price Amplitude

Summary

This Chinese stock-selection post proposes filtering for shares with daily MACD above zero, price amplitude greater than 1, and no limit-up close on the previous day. It frames positive MACD as a sign of an upward trend and larger amplitude as a source of trading opportunity, while excluding recent limit-up stocks to avoid unstable moves. A formula example defines MACD from the difference between 12-period and 26-period exponential averages and a 9-period signal average.

The post also includes a Python sketch that retrieves recent stock and index data and computes exponential averages. Its conditions do not clearly implement every stated screen requirement, so the example should not be treated as a validated equivalent. No backtest or return evidence is provided. The author cautions that MACD lags, high-amplitude shares carry risk, and the screen omits fundamentals, financial condition, and industry context; adding other indicators or fundamental checks is proposed but not evaluated.

Key ideas

• The proposed screen requires positive daily MACD, amplitude above 1, and no prior-day limit-up close.
• The formula calculates MACD using 12-period and 26-period exponential averages.
• The Python example does not clearly implement every stated selection condition.
• No performance test is reported, and MACD may lag price changes.
• The post identifies amplitude risk and the absence of fundamental and industry analysis.

Tags

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