Chinese Stock Screen Using Range, Convertible Bonds, and Moving Averages

Summary

This post outlines a Chinese stock screening idea combining a daily price range threshold, a nonempty convertible bond name field, and short-term moving-average conditions. It first describes upward divergence in moving averages, then presents a refined rule requiring the five-day average to cross above the ten-day average and the latest close to exceed the prior close. The accompanying examples reference stock data, bond fields, price limits, and trading volume, showing how a screen could be assembled from market and company data.

The post warns that moving averages can lag and that a technical screen omits market details and broader fundamentals. It recommends considering company and industry conditions and potentially using other trend measures. No backtest, return series, or risk-adjusted results are supplied. The text also contains differences between its stated range and bond-name conditions and the sample formulas, so the implementation should be checked carefully before use.

Key ideas

• The proposed screen combines a price-range threshold with a convertible-bond name condition.
• The refined rule adds a five-day moving-average crossover above the ten-day average and a rising close.
• The post cautions that moving averages can be delayed and that technical conditions omit broader market and fundamental factors.
• The examples provide screening logic but no performance test or evidence of profitability.
• The prose and sample formulas differ in places, so the exact intended conditions need verification.

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