A Basic Stock Screen Using Range, Price, and Large-Order Flow
Summary
The document describes a simple Chinese equity screen combining daily price range, a closing price condition, and a large-order net-flow ranking. It presents the rules both as a conceptual selection recipe and as examples of indicator logic, then says to sort qualifying stocks by turnover. The stated rationale is to find shares with notable movement and buying interest.
The screen is narrowly specified and offers no historical test, performance data, or evidence that the conditions identify durable opportunities. The text itself cautions that the filters omit company fundamentals and industry prospects, and that high-range stocks can carry greater risk. It suggests adding business and industry analysis and considering technical tools, but does not define those additions or explain position sizing, execution, or an exit plan.
Key ideas
- The screen combines a price-range threshold, a specified closing price, and a large-order net-flow rank.
- Qualifying stocks are ranked by turnover.
- The document suggests the flow and volatility filters are intended to identify active stocks with buying support.
- The rules are presented without backtest results or evidence of investment performance.
- Company condition and industry outlook are missing considerations, and volatile stocks may carry higher risk.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.