Stock Screen Combining Moving-Average Confluence and MACD Momentum

Summary

This note describes a Chinese stock screen combining at least five coincident moving averages, a limit-up event within the prior 25 days, and a shortening MACD histogram on a 15-minute chart. The explanation frames clustered averages as a possible point of price change, a recent limit-up as evidence of market enthusiasm, and a contracting negative MACD histogram as a possible improvement in short-term momentum. Its proposed final logic adds price-to-earnings below 20, price-to-book above 2, and positive news and social-media discussion.

The author cautions that price signals may fail in complex markets, that the screen omits company fundamentals, and that sentiment may reverse. The suggested additions are not supported by testing. No results or backtest are reported, and the sample code does not reliably define equal moving averages or the MACD condition. The note therefore offers a collection of screening hypotheses, not a validated or fully specified trading method.

Key ideas

• The screen combines five or more coincident moving averages with a recent limit-up and a shortening 15-minute MACD histogram.
• The proposed final logic adds valuation thresholds and positive news and social-media sentiment.
• The note interprets these conditions as possible signs of price consolidation, attention, and improving momentum.
• The author warns that technical signals and sentiment can fail or reverse and that fundamental factors are omitted.
• No backtest is reported, and the example code does not fully specify the conditions.

Tags

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