A-Share Screen for High Daily Range, No Prior Limit-Up, and Low Price

Summary

This document outlines a simple Chinese stock screen for shares priced below 12 yuan, with daily amplitude above 1%, and without a limit-up session on the previous day. The article presents low price and volatility as its main selection dimensions, then suggests supplementing them with technical indicators, company financials, and information from news or announcements. A brief indicator formula and Python example are included, although the code’s data fields and filtering steps do not fully implement all the stated conditions.

The article acknowledges that price and range alone omit fundamentals, industry conditions, and market expectations. A low nominal share price does not establish that a stock is undervalued or low risk, and larger price swings can increase uncertainty. No backtest, portfolio construction rules, or empirical evidence is supplied, so the proposed screen is descriptive and would need further evaluation before use as a trading strategy.

Key ideas

• The screen requires a price below 12 yuan, daily amplitude above 1%, and no limit-up on the prior day.
• The selection logic relies mainly on nominal price and volatility.
• The article recommends adding fundamental, technical, and news-based inputs for further filtering.
• The code examples do not fully demonstrate the stated conditions, and no performance results are given.

Tags

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