A very dear Chinavestor client has been encouraging me to develop a filter that tracks 10-DMA and 30-DMA for Chinese ADRs and keeps track of the developemnt of such values. All basic and advanced technical tools widely used by the small investor comunity can draw charts to display the divergence between the two indicators. But the problem is that if someone wants to gauge all Chinese ADRs in the market, it takes time to visually observes each chart.

Bloomberg terminals give users advnaced download functions, feeding raw data right into Excel where with some basic knowledge users can create the desired sorting etc.

Anyhow, I decided to publish the findings for this week: stock that look attractive using these advanced technical tools are listed in the table below. To give you some condifence or increae your confidence level, latest closing price of Friday is printed in the table.

Hope you will find this tool useful in finding the right stocks for the upcoming week. If you are looking for Chinavestor's professional weekly stock advice, an advices that uses advanced methods to identify potentially sound stocks, you need to sign up for an Advanced Membership. For track record of previous recommndations click here.

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