A Technical Stock Screen with Rising Lows and Triple Indicator Crossovers

Summary

This Chinese equity screening proposal combines price action, technical indicators, valuation limits, and a basic exit rule. It starts with amplitude above one and rising lows, then calls for simultaneous bullish crossovers among MACD, KDJ, and RSI. The fuller version adds a 20-day moving average above the 250-day average, price-to-earnings below 60, price-to-book below 10, exclusion of ST-designated shares, and exits below the 30-day average or after a decline greater than 8%. The article includes sample formula and Python implementations.

The text presents the screen as a way to identify stocks with rising momentum, while acknowledging that it omits fundamental company analysis and may be vulnerable to short-term sentiment or buying after a move is underway. It suggests adding growth, industry, and other company measures. No historical test or return evidence is supplied. The code is illustrative and does not establish that its indicator definitions, data handling, or sell conditions work as intended, so the rules need independent specification and evaluation before practical use.

Key ideas

• The proposed entry screen combines rising lows and amplitude with bullish MACD, KDJ, and RSI signals.
• The fuller filter adds a long-term moving-average condition, valuation ceilings, and exclusion of specially designated shares.
• The stated exit rules use a moving-average breach or a sharp one-period decline.
• The article warns that technical-only selection can follow sentiment and generate late entries.
• No backtest or performance evidence is provided for the strategy.

Tags

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