Screening Stocks with Price Range, Weekly MACD, and Turnover

Summary

This Chinese-language post describes an equity screen requiring a daily price range above 1%, weekly MACD above zero, and prior-day turnover above 8%. It presents these as technical and trading-activity filters intended to identify stocks for further consideration. It also provides example indicator expressions and a Python sketch, though the sketch does not clearly implement all stated conditions consistently.

The post cautions that the screen omits company fundamentals and industry or broader market conditions, and that short-term indicator readings can be noisy. It recommends combining technical signals with financial and other information before selecting stocks. No backtest results, performance evidence, or rules for portfolio construction and risk management are supplied, so the screen should be read as a proposed selection rule rather than a validated strategy.

Key ideas

• The screen combines a daily range threshold, weekly MACD position, and previous-day turnover.
• The author frames the indicators as a way to assess price action and trading activity.
• The post warns that fundamental, industry, and market factors are omitted.
• The example implementation is not a complete or clearly consistent validation of the stated rules.

Tags

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