AlpharvestProSummary / 摘要
AlpharvestPro is a free, daily-updated stock screening service for Taiwan (TWSE/TPEX) and Hong Kong (HKEX Main Board) markets. It applies 6 proven momentum and technical analysis methodologies — Minervini SEPA Trend Template (10-criteria scoring), CAN SLIM (O'Neil's 7-factor system), Relative Strength percentile ranking, Weinstein 4-stage trend analysis, VCP Volatility Contraction Pattern detection, and OWL Strategies (Pocket Pivot, Buyable Gap-Up, Undercut & Rally) — to produce 6 daily reports for each market.
Taiwan coverage: TW200 index (台灣50 + 中型100 + 富櫃50, ~200 stocks). Hong Kong coverage: HSLMI index (恒生大型股 + 恒生中型股, ~308 stocks). Reports include: Minervini Candidates, RS Ratings, VCP Patterns, Stage 2 Confirmed, OWL Strategies, and Market Sector Overview.
AlpharvestPro 是免費的每日股票篩選服務，涵蓋台灣（TWSE/TPEX）與香港（HKEX 主板）市場。運用 Minervini SEPA 趨勢模板、CAN SLIM、RS 相對強度評級、Weinstein 階段分析、VCP 波動收縮型態、OWL 策略等 6 大方法論，每日產出 TW200 與 HSLMI 成分股篩選報告。
手法與診斷工具 Methodology & Diagnostics
AlpharvestPro 使用的技術分析框架與篩選方法 Technical analysis frameworks and screening methodologies used by AlpharvestPro
持股趨勢診斷 Stock Trend Diagnostic
輸入台灣或香港股票代碼，即時查看 Minervini 趨勢模板評分、RS 相對強度評級、Weinstein 趨勢階段分析。 每個市場每日查詢上限 5 次（訪客及免費會員一致）。如需更高每日配額，請至 .vip 升級至 Basic 50 / Pro 100 / Pro+ 200 件/日。 Enter a Taiwan or Hong Kong stock code to instantly check the Minervini Trend Template score, RS Relative Strength rating, and Weinstein Stage Analysis. Daily limit on .win is 5 lookups per market (guests and free members alike). For higher quotas, upgrade on .vip to Basic 50 / Pro 100 / Pro+ 200 per day.
立即診斷您的持股 Diagnose Your Holdings Now
Minervini 評分 + RS 評級 + VCP 型態 + 趨勢階段 — 一鍵完成 Minervini Score + RS Rating + VCP Pattern + Trend Stage — one click
Minervini 趨勢模板（10 項標準） Minervini Trend Template (10 Criteria)
Mark Minervini 的 SEPA (Specific Entry Point Analysis) 方法，利用 10 項技術指標確認股票處於上升趨勢中， 篩選出具有機構資金支撐的動能股。評分 8 分以上代表強勢動能候選股。 Mark Minervini's SEPA (Specific Entry Point Analysis) method uses 10 technical criteria to confirm a stock is in an established uptrend with institutional support. A score of 8+ indicates a strong momentum candidate.
| # | 代碼 Code | 條件 Criteria |
|---|---|---|
| 1 | P > MA150 | 股價高於 150 日移動平均線 Price above 150-day moving average |
| 2 | P > MA200 | 股價高於 200 日移動平均線 Price above 200-day moving average |
| 3 | MA150 > MA200 | 150 日均線高於 200 日均線 150-day MA above 200-day MA |
| 4 | MA200 UP | 200 日均線呈上升趨勢（至少 1 個月） 200-day MA trending up for at least 1 month |
| 5 | MA50 > MA150 | 50 日均線高於 150 日均線 50-day MA above 150-day MA |
| 6 | MA50 > MA200 | 50 日均線高於 200 日均線 50-day MA above 200-day MA |
| 7 | P > MA50 | 股價高於 50 日移動平均線 Price above 50-day moving average |
| 8 | P > 52W_LOW x 1.3 | 股價至少高於 52 週低點 30% Price at least 30% above 52-week low |
| 9 | P >= 52W_HIGH x 0.75 | 股價在 52 週高點的 75% 以內 Price within 25% of 52-week high |
| 10 | RS >= 70 | 相對強度評級 70 以上 Relative Strength rating of 70 or higher |
CAN SLIM + RS 檢核清單 CAN SLIM + RS Checklist
William O'Neil 的 CAN SLIM 方法結合基本面與技術面分析。以下 7 大類別涵蓋了動能選股的核心要素。 每個類別下列出關鍵檢查項目。 William O'Neil's CAN SLIM method combines fundamental and technical analysis. The following 7 categories cover the core elements of momentum stock selection, with key checkpoints listed under each.
C 當季每股盈餘 (Current Quarterly EPS) Current Quarterly EPS
- 當季 EPS 年增率至少 25%，最好 50% 以上 Current quarter EPS growth of at least 25% YoY, preferably 50%+
- EPS 成長加速（連續季度加速成長最佳） Accelerating EPS growth (consecutive quarter acceleration is ideal)
- 營收同步成長 25% 以上，或近三季加速 Revenue growing 25%+ in sync, or accelerating over the past 3 quarters
A 年度盈餘 (Annual Earnings) Annual Earnings
- 近 3-5 年 EPS 穩定成長 Consistent EPS growth over the past 3-5 years
- ROE 17% 以上（O'Neil 標準） ROE of 17% or higher (O'Neil's benchmark)
- 現金流量正常且營業利益率高於同業 Healthy cash flow and operating margins above industry peers
N 新產品/新管理/新高 (New) New Products / New Management / New Highs
- 公司有新產品、新服務或新經營團隊帶動成長 Company has new products, services, or management driving growth
- 股價創新高或從底部型態突破 — 不要因為「太高」而不敢買 Stock making new highs or breaking out from a base — don't fear buying at new highs
S 供需 (Supply & Demand) Supply & Demand
- 突破時成交量應大幅增加（至少比平均成交量高 40-50%） Volume should surge on breakout (at least 40-50% above average)
- 底部整理期間成交量萎縮，代表賣壓枯竭 Volume dries up during base formation, indicating selling exhaustion
L 領導股 (Leader) Leader
- 選擇產業中的領導股，而非落後股 Choose industry leaders, not laggards
- RS 評級至少 80，最好 90 以上 RS rating of at least 80, preferably 90+
- O'Neil：「只買最好的，放棄其餘的」 O'Neil: "Buy the best, forget the rest"
I 法人/機構投資人 (Institutional Sponsorship) Institutional Sponsorship
- 需有法人/機構投資人買進（基金、外資、壽險等） Must have institutional buyers (mutual funds, foreign investors, pension funds, etc.)
- 持股機構數量近幾季增加為佳 Increasing number of institutional holders in recent quarters is ideal
- 選擇績效頂尖的基金所持有的標的 Focus on stocks held by top-performing funds
M 大盤方向 (Market Direction) Market Direction
- 確認大盤趨勢 — 75% 的個股跟隨大盤方向 Confirm market trend — 75% of stocks follow the general market direction
- 觀察 TAIEX、加權指數、恒生指數、國企指數的趨勢 Monitor the trend of TAIEX, TPEX index, Hang Seng Index, and HSCEI
- 使用 Follow-Through Day (FTD) 確認底部反轉 Use Follow-Through Day (FTD) to confirm market bottoms
RS 相對強度評級 RS Relative Strength Rating
定義與算法 Definition & Calculation
RS 評級（Relative Strength Rating）以 1 至 99 的評分衡量個股在過去 52 週的價格表現， 與市場中所有其他個股進行比較排名。評級越高，表示該股票相對表現越優異。 The RS Rating (Relative Strength Rating) uses a 1-99 scale to measure a stock's price performance over the past 52 weeks, ranked against all other stocks in the market. A higher rating indicates stronger relative performance.
O'Neil 的研究發現 O'Neil's Research Findings
- 歷史上大漲股在起漲前的平均 RS 評級為 87 Historically, top-performing stocks had an average RS of 87 before their major advances
- RS 低於 70 的個股通常表現落後大盤 Stocks with RS below 70 generally underperform the market
- RS 為 99 表示該股票的價格表現優於市場上 99% 的個股 An RS of 99 means the stock outperformed 99% of all other stocks
實務應用 Practical Applications
- RS 90+：市場頂尖領導股 — 優先關注 RS 90+: Market-leading stocks — prioritize
- RS 80-89：強勢股 — 適合觀察名單 RS 80-89: Strong stocks — suitable for watchlist
- RS 70-79：可接受但非首選 RS 70-79: Acceptable but not preferred
- RS < 70：避免 — 相對弱勢 RS < 70: Avoid — relatively weak
技術面惡化提示 Technical-Deterioration Flags
Weinstein 趨勢階段分析 Weinstein Stage Analysis
Stan Weinstein 的 4 階段模型將股票的生命週期分為：打底、上升、築頂、下跌。 辨識目前所處階段是 Weinstein 框架中的核心研究概念。 在 Weinstein 公開出版的分析架構中，Stage 2（上升趨勢）通常被認定為動能股研究中最受關注的上升階段。 Stan Weinstein's 4-stage model divides a stock's lifecycle into: Basing, Advancing, Topping, and Declining. Identifying the current stage is central to the Weinstein framework's research methodology. Weinstein's published work describes Stage 2 as the primary advancing phase examined in momentum-stock research.
Stage 1 — 打底期 — Basing
股價在移動平均線附近橫向整理，成交量低迷。此階段通常持續數週至數月。 30 週均線走平。操作：等待，不買不賣。 Price consolidates sideways around the moving average with low volume. This stage typically lasts weeks to months. The 30-week MA flattens. Action: Wait — no buying or selling.
Stage 2 — 上升趨勢 — Advancing
Weinstein 著作中，Stage 2 的特徵為：股價帶量突破底部、移動平均線轉為上升、回檔守住均線。 同框架將此上升階段認定為動能股研究中最受關注的階段（教育與研究目的之參考資訊）。 In Weinstein's published framework, Stage 2 is characterized by: price breaking above its base on increased volume, rising moving averages, and pullbacks holding above the MA. Weinstein's research identifies this as the advancing phase on which momentum-stock analysis focuses. Presented for educational reference.
Stage 3 — 頭部/築頂 — Topping
股價波動加劇，在高檔來回震盪。移動平均線走平或開始下彎。 成交量異常放大但股價不漲。操作：賣出/減碼。 Price volatility increases, swinging back and forth at highs. MAs flatten or start turning down. High volume but no price progress. Action: Sell / reduce positions.
Stage 4 — 下跌趨勢 — Declining
股價跌破移動平均線，均線轉為下降。反彈受阻於均線下方。 這是虧損最多的階段。操作：絕對不要買入，已持有者立即停損。 Price breaks below MAs, which turn downward. Rallies fail at the MA. This stage produces the biggest losses. Action: Never buy; if holding, cut losses immediately.
VCP 波動收縮型態 VCP — Volatility Contraction Pattern
Mark Minervini 提出的 VCP 是最強大的底部型態之一。股價波動幅度逐步收窄（收縮）， 成交量同步萎縮，形成 T 字形（T-shape）的收窄結構。當波動極度收縮後帶量突破， 往往意味著供給已被完全吸收，爆發力極強。 Mark Minervini's VCP is one of the most powerful base patterns. Price volatility progressively tightens (contracts) as volume simultaneously dries up, forming a T-shape contraction structure. When price breaks out on volume after extreme contraction, it often means supply has been fully absorbed and explosive moves follow.
VCP 辨識要點 VCP Identification Keys
- 收縮次數（T）：通常 2-4 次收縮（T2, T3, T4），每次波幅小於前次 Contraction count (T): Typically 2-4 contractions (T2, T3, T4), each smaller than the previous
- 成交量萎縮：底部最窄處的成交量應顯著低於平均值 Volume dry-up: Volume at the tightest point should be significantly below average
- 樞軸點：最後一次收縮的高點即為買入的樞軸點 Pivot point: The high of the last contraction is the buy pivot
- 突破確認：突破樞軸點時成交量至少為平均成交量的 1.5 倍 Breakout confirmation: Volume on breakout should be at least 1.5x the average
OWL 策略 OWL Strategies
OWL 的命名致敬三位動能股市分析的奠基人物：O'Neil（威廉·歐尼爾）、Wyckoff（理查·懷可夫）、Livermore（傑西·李佛摩）。 OWL 策略方法論由 Gil Morales 與 Chris Kacher（O'Neil 門徒）系統化，偵測三種機構級別的圖形型態——Pocket Pivot、Buyable Gap-Up、Undercut & Rally——這些型態出現於傳統底部突破之前或當下，提供更精確的型態研判。 The OWL acronym pays homage to three foundational figures in momentum-stock analysis: O'Neil, Wyckoff, and Livermore. The OWL Strategies methodology — systematized by Gil Morales and Chris Kacher (O'Neil disciples) — detects three institutional-grade chart pattern types: Pocket Pivot, Buyable Gap-Up, and Undercut & Rally. These patterns emerge at or before a traditional base breakout, enabling more precise pattern research and identification.
O
《笑傲股市》作者，CAN SLIM 選股法創始人，Investor's Business Daily 創辦人。 強調盈餘成長、相對強度與機構買盤的結合，是現代動能投資的奠基者。 Author of How to Make Money in Stocks and creator of the CAN SLIM system. Founded Investor's Business Daily. Pioneered the integration of earnings growth, relative strength, and institutional sponsorship — a cornerstone of modern momentum investing.
W
20 世紀初的技術分析先驅，提出以價量關係判讀市場供需的「懷可夫方法」。 他的吸籌、派發、彈簧效應等概念至今仍是解讀機構行為的核心框架。 Early 20th-century pioneer of technical analysis who developed the Wyckoff Method — reading supply and demand through price-volume relationships. His concepts of accumulation, distribution, and the "spring" pattern remain essential for interpreting institutional behavior.
L
《股票作手回憶錄》的原型人物，華爾街史上最著名的市場分析先驅之一。 他的「順勢操作」、「關鍵價位突破」與「耐心等待最佳時機」等觀察理念， 為後世動能股市研究框架奠定了重要基礎。 The legendary market figure immortalized in Reminiscences of a Stock Operator. His observational principles — following trends, identifying key pivot points, and patiently waiting for the right moment — laid important foundations for modern momentum-stock research and analysis methodologies.
以下三種型態源自 Gil Morales 與 Chris Kacher（O'Neil 門徒）的方法論： The following three pattern types are based on the methodology of Gil Morales and Chris Kacher (O'Neil Disciples):
PP
當日成交量超過過去 10 日任何一天的下跌成交量，且股價收紅。 代表機構資金在底部區間悄悄吸貨，不需要等待正式突破。 Day's volume exceeds any down-volume day in the prior 10 sessions, with the stock closing up. Indicates institutional accumulation within the base — no need to wait for a formal breakout.
BGU
股價帶量跳空開高且維持在缺口上方。通常由重大利多消息（財報、新產品）驅動。 當日收盤價以上或缺口中點為合理買點。 Stock gaps up on heavy volume and holds above the gap. Usually driven by major catalysts (earnings, new products). Buy at or above the closing price of the gap day, or at the gap's midpoint.
U&R
股價短暫跌破前低或支撐位，隨即快速反彈收回。假跌破洗出弱手； Morales 與 Kacher 著作中，將其後的反轉描述為底部型態末期的高信賴度型態分類區域。 為型態研究之參考資訊，非個別交易指示。 Price briefly undercuts a prior low or support level, then quickly rallies back above. The false breakdown shakes out weak holders; Morales and Kacher's published research describes the subsequent reversal as a high-confidence pattern classification area at the end of base formations. Presented as a pattern-research reference, not an entry instruction.
篩選結果報告 Screening Results
以上所有方法論整合應用於台灣與香港市場。每個交易日自動產出以下篩選報告， 涵蓋台灣 TW200（台灣50 + 中型100 + 富櫃50）與香港 HSLMI（恒生大型股 + 恒生中型股）成分股。 All the above methodologies are integrated and applied to the Taiwan and Hong Kong markets. The following screening reports are generated automatically each trading day, covering Taiwan TW200 (TW50 + Mid-Cap 100 + TPEx50) and Hong Kong HSLMI (HSI Large Cap + HSI Mid Cap) constituents.
🇹🇼 台灣市場 — TW200 Taiwan Market — TW200
TW200 由台灣 50（0050）、中型 100（0051）、富櫃 50（006201）共 200 檔成分股組成， 涵蓋台灣上市櫃市場最具代表性的大型及中型股。 TW200 consists of 200 constituents from Taiwan 50 (0050), Mid-Cap 100 (0051), and TPEx 50 (006201), covering the most representative large- and mid-cap stocks in Taiwan's listed markets.
- 🎯 Minervini 篩選（趨勢模板 + 評分）🎯 Minervini Screen (Trend Template + Score)
- 💪 RS 相對強度評級💪 RS Relative Strength Ratings
- 📐 VCP 波動收縮型態📐 VCP Volatility Contraction Patterns
- 🚀 Stage 2 確認股🚀 Stage 2 Confirmed
- 🦉 OWL 策略🦉 OWL Strategies
- 📊 市場板塊概覽📊 Market Sector Overview
🇭🇰 香港市場 — HSLMI Hong Kong Market — HSLMI
HSLMI 由恒生大型股指數（HSLI，約 108 檔）與恒生中型股指數（HSMI，約 200 檔） 共約 308 檔成分股組成，涵蓋港股主板最具流動性的股票。 HSLMI consists of ~308 constituents from Hang Seng Large Cap (HSLI, ~108) and Mid Cap (HSMI, ~200) indexes, covering the most liquid Main Board stocks in Hong Kong.
- 🎯 Minervini 篩選（趨勢模板 + 評分）🎯 Minervini Screen (Trend Template + Score)
- 💪 RS 相對強度評級💪 RS Relative Strength Ratings
- 📐 VCP 波動收縮型態📐 VCP Volatility Contraction Patterns
- 🚀 Stage 2 確認股🚀 Stage 2 Confirmed
- 🦉 OWL 策略🦉 OWL Strategies
- 📊 市場板塊概覽📊 Market Sector Overview
推薦書單 Reference Books
以下書籍是 AlpharvestPro 篩選方法論的理論基礎。建議按照順序閱讀， 從 Minervini 入門，再延伸至 O'Neil、Weinstein 與 Morales 的進階內容。 The following books form the theoretical foundation of AlpharvestPro's screening methodology. We recommend reading them in order, starting with Minervini and extending to O'Neil, Weinstein, and Morales for advanced concepts.
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Trade Like a Stock Market Wizard
SEPA 方法的入門經典。詳細介紹趨勢模板與選股流程。台灣可搜尋寰宇出版繁體中文版。 The definitive introduction to the SEPA method. Details the Trend Template and stock selection process. Amazon (EN) -
Think & Trade Like a Champion
Minervini 的進階著作，深入探討交易心理與風險管理。包含 VCP 型態的詳細圖解。 Minervini's advanced work on trading psychology and risk management. Includes detailed VCP pattern illustrations. Amazon (EN) -
Mindset Secrets for Winning
Minervini 最新著作，專注於冠軍交易者的心態與紀律。 Minervini's latest work focused on the mindset and discipline of champion traders. Amazon (EN) -
How to Make Money in Stocks
CAN SLIM 方法的原典。O'Neil 研究數十年股市歷史歸納出的選股系統。繁體中文版《笑傲股市》可在博客來搜尋。 The original CAN SLIM reference. O'Neil's stock selection system derived from decades of market history research. Amazon (EN) -
How to Make Money in Stocks: Getting Started
CAN SLIM 方法的快速入門指南，適合初學者。以圖表為主的實用手冊。 A quick-start guide to the CAN SLIM method, ideal for beginners. A practical, chart-heavy handbook. Amazon (EN) -
Secrets for Profiting in Bull and Bear Markets
Weinstein 4 階段分析的經典著作。使用 30 週均線判斷趨勢階段。寰宇出版社有出版相關技術分析書籍可參考。 The classic reference for Weinstein's 4-stage analysis using the 30-week MA to determine trend stages. Amazon (EN) -
Trade Like an O'Neil Disciple
Pocket Pivot 與 Buyable Gap-Up 買入信號的原始出處。O'Neil 方法的實戰進化版。 The original source for Pocket Pivot and Buyable Gap-Up pattern types. A practical evolution of O'Neil's method. Amazon (EN) -
In the Trading Cockpit with the O'Neil Disciples
上一本的續集。深入探討短線價格行為分析、放空研究與 Undercut & Rally 型態。 Sequel to the above. Deep dive into short-term price-action analysis, short-selling research, and the Undercut & Rally pattern type. Amazon (EN) -
The Successful Investor
O'Neil 為 8000 萬散戶投資者所寫的實戰指南。教導如何在股市中獲利並避免重大虧損，涵蓋選股、進出場時機與風險管理。 O'Neil's practical guide for 80 million investors. Teaches how to invest profitably and avoid big losses, covering stock selection, timing, and risk management. Amazon (EN) -
Reminiscences of a Stock Operator
Jesse Livermore 的傳記小說，投機之王的交易智慧。所有動能投資者的必讀經典。繁體中文版：《股票作手回憶錄》。 A fictionalized biography of Jesse Livermore, the king of speculation. Essential reading for all momentum investors. Amazon (EN)