Screening Stocks with Positive MACD, High Attention, and a Price Cap

Summary

This proposed China A-share screen selects stocks whose MACD value is above zero, then sorts candidates by individual-stock popularity and applies a price ceiling of less than 12. It is intended to run after each daily close. The document explains MACD as a trend indicator and popularity as a measure of market attention, but it does not define the popularity data source in detail or report backtest or live-trading results.

The post includes a reference MACD formula based on exponential moving averages and sample Python selection logic. It also identifies limitations: MACD alone may not describe market conditions well, popularity rankings may favor speculative or crowded names, and price alone does not establish value. Suggested refinements include validating the indicator, combining additional technical filters with fundamental and financial measures, and checking company conditions. The code example and strategy description are presented as references, not evidence of profitability.

Key ideas

• The screen looks for stocks with MACD above zero and a share price below 12.
• Candidates are ranked by individual-stock popularity after the daily close.
• The document gives an EMA-based MACD formula and sample selection code.
• Popularity rankings can favor crowded or speculative stocks.
• The author suggests validating the signal and adding technical and fundamental filters.

Tags

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