Selecting Chinese Stocks with Rising MACD and RSI Below 65
Summary
The post proposes screening Chinese stocks using a rising DEA component of MACD and an RSI below 65, with a stated focus on 2021. It references RSI with a 14-period setting and MACD with 12, 26, and 9 periods, then provides sample Python code that loops through stock data and collects symbols meeting its checks.
The example is not a validated backtest and does not report returns or risk. Its code checks current RSI and MACD conditions before retrieving 2021 data, and it tests positive MACD and histogram values rather than explicitly checking whether DEA is rising. The post itself notes the narrow time window and reliance on past price behavior, and suggests using longer periods and other market context. These gaps mean the stated screening rule and code should not be assumed to match exactly.
Key ideas
- The proposed screen combines RSI below 65 with a rising DEA component of MACD.
- The stated indicator settings are RSI 14 and MACD 12, 26, and 9.
- The sample code applies current indicator checks and separately retrieves historical 2021 data.
- The code does not explicitly test whether DEA is rising as the prose specifies.
- The document cautions that a narrow historical window may miss longer-term prospects.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.