A China A-Share Screen Combining Recent Limit-Ups and Rising Lows

Summary

The document describes a stock screen focused on the metaverse sector. It looks for securities with a limit-up event during a recent lookback period and a price positioned in the lower part of its recent trading range, interpreting that combination as possible support and rebound potential. The accompanying formula uses a recent high-low range to quantify price location, and the example implementation also sorts selected stocks by market capitalization.

The author acknowledges that the screen omits company fundamentals and broad market direction, and that the idea of rising lows can be subjective. Suggested improvements include adding fundamental and industry risk checks and using more objective technical measures. The document does not provide performance results or a defined backtest, and its formula and prose do not fully align on how the limit-up condition and bottom positioning are calculated. The screen should therefore be treated as a hypothesis for further testing, not evidence of predictive performance.

Key ideas

• The screen targets metaverse-related equities with a recent limit-up event and price near the lower portion of a recent range.
• A recent high-low range is used to operationalize the bottom-position condition.
• The proposed rationale is that price support and a prior sharp rise may precede a rebound.
• The author flags missing fundamental and market-trend filters, plus subjectivity in interpreting rising lows.
• No performance evidence is provided, and the written criteria and example calculations may not match exactly.

Tags

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