A-Share Screen Using Moving Average Convergence, Market Size, and Opening Gains

Summary

This proposed A-share screen combines moving-average convergence with a market-size and profitability filter, then checks the stock’s gain at 9:25. It calls for at least five moving averages to overlap, a market capitalization below 10 billion yuan, no losses, and a 9:25 gain below 6%. The post says the combined technical and fundamental conditions are intended to identify relatively steady companies whose early price move has not become excessive. It also suggests adding lower valuation and stronger profitability criteria, but does not specify thresholds for those suggestions.

The article cautions that restrictive conditions may exclude attractive stocks and may respond poorly to extreme market conditions. It provides a sample screening script, but no backtest, performance evidence, or clear definition of moving-average overlap. The code should be treated as illustrative rather than validated: its fields and calculations do not consistently implement the full stated selection logic.

Key ideas

• The screen requires at least five moving averages to overlap.
• It filters for companies below 10 billion yuan in market capitalization with no losses.
• It requires the stock’s gain at 9:25 to be below 6%.
• The post proposes adding valuation and profitability filters without defining their thresholds.
• Strict filters may reduce the candidate set and may be slow to adapt to extreme markets.

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