Stock Screening with Moving Average Alignment and a Price Filter

Summary

This stock screen combines three stated filters: at least five moving averages should converge, the share price is specified as 18.5 yuan, and the 20-day moving average should exceed the 120-day average. The article frames convergence as possible evidence of support or resistance and the shorter average being above the longer one as an uptrend condition. It also recommends considering other indicators and company fundamentals.

The explanation is internally inconsistent: the headline says the price is 18, while the body and final logic say 18.5; it also shifts from screening rules to extra suggestions in its final list. The sample code is malformed and does not reliably implement the stated conditions. No backtest or performance evidence is supplied. The article itself notes market, technical-analysis, and entry-timing risks, so this should be treated as an informal screening idea, not a validated strategy.

Key ideas

• The proposed screen combines moving-average convergence, a specified price level of 18.5 yuan in the body, and a 20-day average above the 120-day average.
• The headline’s price value differs from the body’s stated threshold.
• The article suggests adding other technical indicators and fundamental analysis for further review.
• Its sample code is malformed, and no empirical performance evidence is reported.

Tags

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