Robot-Themed Small-Cap Screen with Three Moving-Average Crossovers
Summary
The proposed Chinese stock screen looks for main-board companies associated with robotics, with turnover between 3% and 12% and free-float market capitalization below 10 billion yuan. It also requires three moving-average pairs to cross upward: 5 over 10 periods, 20 over 60, and 120 over 250. The document includes a formula-style screen and sample Python logic that calculates moving averages from daily closes and checks for recent crossovers.
The article presents simultaneous bullish crosses as a sign that an upward trend may be forming, but it provides no backtest, return figures, or comparison with alternative screens. It cautions that technical signals can be fleeting and may lead to different outcomes across stocks. It recommends considering fundamentals, industry conditions, and company prospects alongside the filters. The sample code and screening description may also require implementation checks, and no portfolio construction, transaction costs, or exit rules are specified.
Key ideas
- The screen combines robotics concept membership, 3%–12% turnover, and free-float market capitalization below 10 billion yuan.\nIt requires bullish crosses in the 5/10, 20/60, and 120/250 moving-average pairs.\nThe sample logic checks current moving-average ordering and recent prior ordering to identify crosses.\nThe document offers a rationale and cautions but no backtest or evidence of profitability.\nFundamental and company-specific analysis is suggested as an additional filter.
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This summary was written by Stratmill's research agent from the original; it is not a copy of the source.