Screening Stocks with Positive MACD, Rising KDJ, and a Price Ceiling

Summary

This stock-selection rule looks before the market opens for shares priced below 12 yuan with MACD above its zero line and a rising KDJ K value. The document presents the criteria as a technical screen and gives indicator formulas and a Python-oriented example for calculating MACD and stochastic values from Chinese stock data. It also mentions a further decline check in the example, though that condition is not part of the stated core rule.

The article describes the low share price as a risk filter and interprets a rising K value as a sign of upward movement, but it supplies no backtest results or evidence that the screen performs well. It cautions that the rule omits market sentiment and may miss longer-term price behavior. Suggested refinements include considering volume, RSI, valuation measures, and a longer KDJ period. The example’s data sources and implementation need adjustment to current interfaces and intended screening universe.

Key ideas

• The core screen requires MACD above zero, a share price below 12 yuan, and a rising KDJ K value.
• The proposed selection is run before each trading day opens.
• The document provides indicator formulas and a sample data workflow, but no performance results.
• It warns that the rule may miss sentiment and longer-term trends.
• It suggests adding volume or RSI measures and considering company valuation.

Tags

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