A-Share Screen for Moderate 10-Day Gains and Moving-Average Confluence

Summary

This A-share screening idea looks for stocks with a positive but capped 10-day return, a code prefix associated with the specified market segment, and at least five overlapping moving averages. The written rule identifies the 5-, 10-, 20-, 30-, and 60-day averages as the relevant set, intending to find price structures with short- and medium-term alignment. The post also describes moderate recent gains as a way to avoid extreme moves.

The document discusses risks from relying heavily on technical indicators and overlooking fundamentals or rapid market changes, and suggests adding other indicators and company or industry analysis. It provides no performance tests. There is a notable inconsistency: the prose describes averages being close together, while the sample code checks that each average is strictly higher than the next, which is a different condition. The meaning of the stock-code prefix is also imprecisely explained, so both definitions need clarification before replication.

Key ideas

• The proposed screen combines a positive, capped 10-day return with a stock-code prefix filter.
• It seeks confluence among the 5-, 10-, 20-, 30-, and 60-day moving averages.
• The explanation says the moving averages should be close, but the sample code instead requires them to form a strict descending sequence.
• The post recommends supplementing technical filters with other indicators and fundamental or industry analysis.
• No backtest evidence is given, and key screening definitions need clarification.

Tags

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