Screening Stocks with Shortening MACD Bars, RSI, and a Price Cap

Summary

This Chinese stock-selection rule combines three filters: a price below 12 yuan, RSI below 65, and shortening negative MACD bars on a 15-minute chart. The proposed interpretation is that weakening negative bars may indicate a change in short-term momentum, while the RSI and price thresholds constrain the candidate set. The document names indicator settings, including a six-period RSI and standard 12, 26, 9 MACD parameters.

No empirical results, sample period, benchmark, or backtest are supplied, and the rule does not specify entry timing, exits, portfolio construction, or transaction costs. The source itself warns that relying on short-term technical signals may overlook company fundamentals and broader economic conditions. It proposes adding volume, price changes, market performance, valuation, and macro context, but does not define or test those additions. The price and RSI cutoffs are presented as screening choices, not as evidence of an edge.

Key ideas

• The screen requires a stock price below 12 yuan and RSI below 65.
• It looks for shortening negative MACD bars on a 15-minute chart.
• The stated indicator settings are a six-period RSI and 12, 26, 9 MACD.
• The rule is a short-term technical screen and omits tested performance and complete trade management.
• Suggested additions include volume, valuation, price changes, and macroeconomic context.

Tags

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