Chinese Equity Screening with Moving-Average Clusters and Revenue Growth

Summary

This stock-selection proposal combines three screens: at least five moving averages clustered together, at least two limit-up sessions within a 500-day lookback, and revenue in 2021 exceeding revenue in 2018 by a stated threshold. The author’s rationale is that clustered averages may identify areas of support or resistance, prior limit-up moves select stocks with strong past performance, and revenue growth favors companies with improving business results. It also suggests adding market capitalization and valuation filters.

The page warns that the rules may exclude promising stocks, concentrate selections in particular industries or companies, and rely too heavily on historical data. It proposes trying different moving-average horizons and adding indicators such as MACD or RSI. No backtest results, universe definition, execution rules, or risk-adjusted performance are provided; the code excerpt is incomplete. The screen is therefore a hypothesis for further testing, not evidence of a profitable strategy.

Key ideas

• The screen combines moving-average clustering, prior limit-up sessions, and revenue growth.
• The author treats clustered averages as possible support or resistance areas.
• Additional filters such as market capitalization and valuation are suggested.
• The proposal may create concentration and selection bias and relies on historical data.
• No complete code or backtest evidence is supplied.

Tags

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