Screening Stocks for Rising 30-Day Averages and Moving-Average Convergence

Summary

This note describes a Chinese stock screen combining three conditions: at least five moving averages converge, the 30-day average is rising, and free float is no more than 5.5 billion shares. The intended rationale is to find stocks with aligned or strengthening trends while limiting exposure to the largest share floats. It suggests adding technical, company-size, and industry filters to refine the selection.

Key ideas

• The screen looks for stocks with at least five converging moving averages.
• It requires the 30-day moving average to be rising.
• It limits eligible stocks by free-float share count.
• The example code checks equality among only four moving averages, so it does not implement the stated five-average condition.
• The note provides no performance evidence and warns that trend signals can fail.

Tags

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