A-Share Screen Combining Moving-Average Alignment and Revenue Growth

Summary

The document proposes screening Chinese stocks for amplitude above 1%, an aligned set of three moving averages, and a 2021-to-2018 revenue ratio above 1.1. It presents the moving-average condition as a technical signal and the revenue comparison as a basic growth filter, then recommends ranking qualifying names with additional measures. The article notes that reported revenue can be affected by policy, markets, and company-specific factors, and that revenue growth alone leaves out other relevant fundamentals and industry context.

It provides illustrative formula and Python snippets, but no backtest, performance results, or evidence that the combined conditions predict returns. The code is internally ambiguous: the prose specifies revenue while the example references earnings-per-share-like data, and its date logic derives years from the current date despite describing a fixed historical comparison. The moving-average rule is defined as short averages above longer ones, which is an alignment condition rather than necessarily three contemporaneous crossover events. These details need resolution before the screen can be evaluated or implemented reliably.

Key ideas

• The proposed screen combines price amplitude, moving-average alignment, and multi-year revenue growth.
• The stated fundamental filter compares 2021 revenue with 2018 revenue and requires a ratio above 1.1.
• The example defines technical confirmation as the short-period moving average exceeding the medium and long-period averages.
• Revenue growth alone may miss other company and industry risks.
• The article provides no performance test, and its sample code does not cleanly match the stated revenue condition.

Tags

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