Weekly 30-Week Moving Average Breakout with Turnover and Size Filters

Summary

This Chinese stock-selection note describes screening main-board equities for turnover between 3% and 12%, circulating market value between 5 billion and 10 billion yuan, and a weekly close crossing above its 30-week moving average. The moving-average condition is presented as confirmation of a longer-term upward trend, while turnover and market value narrow the candidate list. The document includes illustrative formula and Python references, though their implementations do not fully establish that the weekly crossing condition is calculated as described.

The approach is framed as a longer-horizon technical screen, not a complete trading system. The note warns that short-term sentiment, news, macroeconomic conditions, policy changes, and company fundamentals can affect outcomes. It suggests adding indicators such as RSI or MACD and fundamental measures such as valuation ratios, then validating the combined rules. No backtest, return data, or comparison is provided, so the trend rationale and proposed improvements remain unverified.

Key ideas

• The screen combines turnover and circulating market value limits with a weekly moving-average trend condition.
• A close crossing above the 30-week average is treated as evidence of a longer-term upward trend.
• Short-term sentiment and news can disrupt signals based on long-term price patterns.
• The note recommends combining technical and fundamental measures and validating the resulting screen.

Tags

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