Screening Stocks for Positive MACD and Rising DEA Below a Price Cap

Summary

This stock screen selects shares with MACD above zero, a price below 12 yuan, and a rising DEA line. It is intended to run before the market opens each trading day. The article explains the conditions with indicator formulas and a sample data workflow, but the example filters intraday data at a specified time, so its timing does not fully match the stated pre-open schedule.

The rationale is that positive MACD and rising DEA may indicate upward momentum, while the price threshold limits the candidate universe. The article cautions that these indicators use historical price and volume data and may miss broader market conditions; focusing too heavily on DEA can also omit other relevant signals. It suggests combining technical and fundamental measures and considering stop and take-profit levels. No backtest results or evidence of profitability are provided, and the discussion does not substantiate its claim that the setup implies stronger revenue or profits.

Key ideas

• The screen requires MACD above zero, a share price below 12 yuan, and a rising DEA.
• The stated selection schedule is before each trading day's open.
• The article provides indicator formulas and sample filtering logic, though the example's timing differs from the stated schedule.
• Historical indicators can miss current market conditions and should be assessed alongside other factors.
• The document reports no backtest or profitability evidence.

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