Stock Screening with a Ten-Day Moving Average and Weekly Trend Crossover

Summary

This note proposes screening Chinese stocks for daily amplitude above 1, an opening price near the ten-day moving average, and a weekly trend condition described as crossing above a 30-week moving average. The stated interpretation is that proximity to the shorter average may reflect a pullback, while the longer-horizon crossover may indicate a possible technical breakout or rebound. The examples implement a band around the ten-day average and compare a five-week average with a 30-week average, then favor higher-volume candidates.

The note acknowledges that technical signals can misfire in sideways markets or during unusual short-term moves, and that the method omits fundamental factors. It recommends considering market trend, fundamentals, and explicit trading and risk rules. The formulas shown do not clearly establish a crossover event, and no backtest or performance evidence is reported, so the proposed interpretation and strategy remain uncertain.

Key ideas

• The proposed screen combines amplitude above 1 with an opening price near the ten-day moving average.
• A weekly moving-average condition is intended to identify a possible trend breakout or rebound.
• The examples use a band around the ten-day average and compare five-week and 30-week averages.
• Technical signals may produce false readings in sideways markets or during abnormal price moves.
• The note reports no backtest, and its formulas do not clearly test a crossover event.

Tags

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