Screening Stocks with Positive MACD and a Limited Opening Gap

Summary

This proposed Chinese stock screen combines MACD above zero, a positive circulating market capitalization condition, and an opening price less than six percent away from the previous close. The opening-gap filter is intended to avoid names whose sharp opening move could make entry difficult. The document describes the selection as a way to identify stocks with upward price trends and a basic company-value condition, but it does not define a broader fundamental assessment. The accompanying examples show a screening formula and a Python workflow that retrieves valuation and price data, calculates MACD, and filters stocks. The author notes that prices can fall and company fundamentals can change, and suggests adding financial measures and risk controls. No backtest or performance evidence is supplied; the screen’s stated rationale and implementation example do not establish that it produces low-risk or high-return results.

Key ideas

• The screen requires MACD above zero and positive circulating market capitalization.
• It filters for an opening price within six percent of the prior close.
• The examples outline how to combine valuation data, prices, and MACD in a stock filter.
• The document provides no performance testing and recommends broader fundamental and risk checks.

Tags

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