Screening for Seven Down Sessions with a Weekly Moving Average Crossover

Summary

This A-share stock screen combines a daily range threshold with a weekly five-period and ten-period moving average crossover, then looks for a run of seven declining closes. It also specifies that at least one recent high exceeded the prior close, presenting the setup as a possible short-term rebound candidate after sustained weakness. The article supplies indicator logic and a Python example for scanning stocks.

The rationale mixes a weekly trend signal with recent downside behavior, but the description does not establish that the combination predicts a rebound. It offers no backtest or performance evidence and warns that sentiment-driven filters may select weak companies. Implementation details are inconsistent: the prose calls for a weekly crossover and seven consecutive declines, while the sample code calculates moving averages from daily data and does not fully implement every stated condition. Fundamental checks and validation would be needed before relying on the screen.

Key ideas

• The screen combines a price-range condition, a weekly moving average crossover, and seven declining closes.
• It treats sustained recent weakness as a possible short-term rebound setup.
• The article includes sample indicator logic and a stock-scanning script.
• The rationale is not supported by backtest results or other performance evidence.
• The code does not fully match the stated weekly and multi-condition rules.

Tags

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