Combining a Short-Long Moving-Average Filter with Price and Money Flow

Summary

This stock-screening post describes ranking candidates by capital strength, using measures such as net inflows and turnover, while requiring the 20-day moving average to exceed the 120-day average. It also discusses a share-price ceiling, stated in the body as 18.5 yuan. Together, these conditions are framed as a way to favor stocks with an upward trend, attention from market funds, and a relatively low nominal price. The text does not provide a complete final rule: its concluding section trails off after introducing the price condition.

The article offers qualitative reasoning for the filters and lists risks: flow measures can be misleading, a low share price does not establish fair value, and a trend filter cannot prevent losses if prices turn down. It suggests combining multiple flow measures, valuation indicators, and moving averages. No backtest, stock examples, or performance data are given. The title's price figure differs from the body, and the final selection logic is incomplete, so the exact screen cannot be reconstructed with confidence.

Key ideas

• The described screen ranks stocks by capital strength and requires the 20-day average to exceed the 120-day average.
• The body gives a price ceiling of 18.5 yuan, while the title states a different figure.
• The final selection logic is incomplete, and no backtest results or examples are supplied.
• The post warns that flow indicators can be distorted and low nominal prices do not establish value.
• It proposes combining multiple flow, valuation, and moving-average measures.

Tags

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