Screening Stocks for MACD Strength, Earnings Growth, and Recent Limit-Ups
Summary
This A-share selection method requires MACD to be above its zero line, parent-company net profit growth to be greater than 20% and no more than 100%, and more than two limit-up days within the past ten days. The examples show a possible weekly screening process, with candidates ranked by reported profit growth and a small number selected. The screen combines a technical trend condition, fundamental growth, and recent price strength.
The document warns that repeated limit-ups can make recent performance dominate the screen and that sensitive indicators or uncertain data can affect results. It recommends combining additional indicators and testing conditions against historical data, but provides no backtest results or evidence that the selection rules are profitable. Limit-up frequency may identify unusually active stocks, while also exposing the strategy to sharp reversals; financial growth figures and price conditions also depend on accurate, appropriately timed data. The examples are implementation references rather than a complete assessment of execution, risk, or robustness.
Key ideas
- The screen requires MACD above zero and net profit growth between the stated bounds.
- It also selects stocks with more than two limit-up days in a ten-day window.
- The example ranks qualifying stocks by profit growth and selects a limited set.
- The article identifies dependence on recent limit-ups and sensitive data as risks.
- It recommends broader screening and historical testing but reports no performance results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.