Chinese Stock Screen Using Rising Lows and a 30-Week Moving Average Cross

Summary

This Chinese stock-screening post proposes selecting shares with amplitude above 1, rising lows, and a weekly price crossing above the 30-week moving average. It describes the setup as a technical way to find stocks with potential upside, then recommends requiring a rising broader market, excluding special-treatment shares, and applying a Bollinger-band exit rule.

The post also sketches implementations in a charting formula language and Python, with KDJ and MACD suggested for trend filtering and PE or PB for fundamental screening. It warns that a moving-average cross can occur during a market pullback and that the base screen may select stocks without sustained advances. No backtest results, performance statistics, or precise validation are presented; the sample code's definitions and conditions are not fully explained, so the proposed rules would need careful verification before use.

Key ideas

• The initial screen combines amplitude above 1, rising lows, and a weekly cross above the 30-week moving average.
• A broader-market uptrend filter is proposed to reduce signals against the prevailing trend.
• The post suggests excluding special-treatment stocks and adding valuation filters such as PE or PB.
• A Bollinger-band based exit is proposed, although the stated trigger includes both falling below the middle band and exceeding the upper band.
• The post gives example implementations but provides no backtest evidence or performance results.

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