Combining Moving-Average Clustering, Bollinger Position, and Dividend Yield

Summary

This Chinese-language post proposes a stock screen combining at least five clustered moving averages, a close above the Bollinger middle band but below its upper band, and a dividend measure above a stated threshold for 2019. It describes the combination as a way to find stocks with relatively stable price behavior, upward movement, and high shareholder distributions. The post also suggests adding financial condition, profitability, and valuation measures to refine candidates.

The article supplies illustrative screening logic and code, but its explanation is internally inconsistent: one passage says the close should be above both the upper and middle Bollinger levels, while the final logic and code use a close between the middle and upper bands. Its dividend description also shifts between payout ratio and dividend divided by price. It provides no backtest results or evidence that the screen predicts returns, and notes that market moves, changing distributions, and company-specific developments can affect outcomes.

Key ideas

• The proposed screen combines clustered moving averages, Bollinger-band position, and a historical dividend criterion.
• The detailed logic and code place the close above the middle band and below the upper band.
• The post's explanation conflicts with that rule by also describing a close above the upper band.
• The dividend condition is described inconsistently as a payout ratio and as dividend divided by price.
• No performance evidence is provided, and the post recommends considering additional financial and valuation measures.

Tags

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