A-Share Screening with Converging Moving Averages and Recent Limit-Ups

Summary

This stock screen combines three filters: a Shanghai-listed stock code beginning with 60, at least two limit-up sessions within the past 500 days, and convergence among the 5-, 10-, 20-, 30-, and 60-day moving averages. The article interprets the convergence as a sign that short- and medium-term price trends are stable. It describes calculating the moving averages from closing prices and using a technical condition to identify stocks whose averages overlap.

The post gives a selection recipe and discusses adding longer averages, such as 90- or 120-day averages, to assess trend stability. It provides no backtest, performance data, or precise definition of how close the averages must be to count as converged. Its claim that convergence implies investment value is therefore not established by evidence here; the screen is a candidate-generation rule, and limit-up history and moving-average alignment do not establish future returns.

Key ideas

• The screen requires a stock code beginning with 60 and at least two limit-up sessions in the past 500 days.
• It checks for convergence among the 5-, 10-, 20-, 30-, and 60-day moving averages.
• The article treats moving-average convergence as a possible sign of stable trends.
• It suggests adding longer moving averages, but gives no test results or numerical convergence threshold.

Tags

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