Screening Stocks with Positive MACD and Rising Moving Averages
Summary
This Chinese-language post describes a stock screen combining a positive MACD reading, a favorable but undefined company-quality condition, and a rising sequence of short- to longer-term moving averages. Its indicator formula specifies MACD above zero and the five-day average above the ten-day, above the twenty-day, above the thirty-day average. The accompanying Python example also filters for positive valuation ratios and sorts candidates by closing price, though those details do not fully define the stated company-quality criterion.
The post argues that the technical and company filters may identify stocks with upward price potential, but it provides no backtest, performance data, or precise definition of company quality. It cautions that sentiment, policy, and industry developments are omitted, and that historical price patterns may not persist. Suggested extensions include adding other indicators and financial growth measures, as well as considering broader market and industry factors.
Key ideas
- The screen requires MACD to be above zero and moving averages to descend in order from five-day to thirty-day periods.
- The written strategy also calls for a favorable company profile, but does not define that condition precisely.
- The post offers no performance evidence and notes that omitted market, policy, and industry factors can affect results.
- Possible extensions include adding other technical indicators and financial growth measures.
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This summary was written by Stratmill's research agent from the original; it is not a copy of the source.