Stock Screening with Relative Volume, Weekly MACD, and Opening Gains

Summary

This Chinese stock-screening post describes a three-part selection rule: rank stocks by volume ratio and keep the top 100, require weekly MACD to be above zero, and exclude stocks whose gain at 9:25 is 6% or more. The author interprets the filters as combining relative trading activity, a positive medium-term trend, and a restrained pre-open move.

The post identifies limitations: volume activity alone does not account for fundamentals or sentiment, weekly MACD can miss short-term changes, and the 9:25 price move is only one aspect of a stock. It suggests adding market capitalization and industry context, trading volume and turnover, and valuation measures. It gives no backtest or performance evidence, and the final screening rule is cut off before all conditions are fully restated, so the proposed additions are not validated results.

Key ideas

• The screen selects stocks in the top 100 by volume ratio.
• It requires weekly MACD to be above zero.
• It filters out stocks gaining 6% or more at 9:25.
• The post suggests adding company, industry, trading, and valuation factors, but reports no performance testing.

Tags

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