Stock Screening with MACD, Money Flow, and Ten-Day Returns

Summary

This document presents a Chinese equity screen that looks for stocks with MACD above its zero axis, stronger money-flow readings, and a positive ten-day price change capped below 35%. Its accompanying implementation also ranks candidates by a turnover-related measure and applies valuation and profitability filters, including a market-cap ranking. These details make the example broader than the headline rule, though the text does not fully reconcile the different descriptions of the return calculation and MACD trigger.

The stated rationale is to combine trend, recent price performance, and trading flows to find stocks showing short-term strength. The author cautions that this focus may overlook longer-term direction, company fundamentals, industry differences, and overheated valuations. The document supplies indicator formulas and sample selection logic but no backtest results, return statistics, or comparison against a benchmark. It recommends adding fundamental analysis and adjusting filters for industry and market conditions; the proposed thresholds and ranking choices are not validated in the text.

Key ideas

• The headline screen combines MACD above zero, money-flow strength, and a positive ten-day return below 35%.
• The sample implementation adds valuation, profitability, and market-cap ranking filters.
• The document warns that short-term signals may miss fundamentals, industry differences, or overheated prices.
• The formulas and sample logic are presented without backtest or benchmark evidence.

Tags

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