A-Share Screen for High Amplitude and Price Above the Five-Day Average

Summary

This proposed stock screen selects shares with a daily high-low range above a stated threshold, a closing price above the five-day moving average, and a specified industry exclusion. The post’s explanation treats larger price ranges as potential opportunities, while the moving-average condition is meant to identify prices holding above a recent average. It includes illustrative indicator formulas and Python snippets.

The article gives no backtest, returns, or evidence that these conditions improve selection. It warns that high-amplitude shares may carry greater risk and that the remaining stocks are not necessarily high quality. The industry exclusion is described inconsistently: the prose says to exclude STAR Market stocks, while the formulas appear to exclude banking and non-bank financial industries. The sample code also mixes stock-level and history data in ways that would need adjustment for reliable implementation.

Key ideas

• The proposed screen combines a high daily price range with a close above the five-day moving average.
• It applies an additional exclusion, though the prose and examples disagree about which stocks to exclude.
• The post frames price amplitude as a possible source of opportunity and acknowledges its added risk.
• It offers sample formulas and code but no evidence of strategy performance.
• The author suggests adding company-quality measures such as market capitalization or ROE.

Tags

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