Screening Stocks with Price Range, Weekly MACD, and Rising DEA

Summary

This Chinese equity screen combines three technical conditions: daily price amplitude above a threshold, a positive weekly MACD histogram, and a rising DEA-related measure. The article describes these as signs of price activity and technical strength, then supplies illustrative formula and Python examples for applying the conditions to daily and weekly price data. It also suggests sorting or refining candidates with additional technical measures such as moving-average distance or signal crossovers.

The examples are implementation references rather than evidence of a tested strategy. The article reports no historical returns, comparison benchmark, or transaction-cost analysis. It cautions that the screen ignores company fundamentals and cannot ensure profits or suit every investor. There is also ambiguity in how the text and sample calculations define the DEA condition, so users would need to confirm that the intended indicator is computed consistently before relying on the screen.

Key ideas

• The screen combines price amplitude with a positive weekly MACD histogram and a rising DEA-related condition.
• It uses daily and weekly data, so indicator timing and aggregation need to be consistent.
• The article proposes adding other technical filters to refine candidate stocks.
• The examples provide no performance evidence, and the screen omits fundamental analysis.

Tags

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