A-Share Screening with Daily Range, Relative Volume, and Rising Lows

Summary

This stock screen combines a minimum daily price range with a bounded relative-volume condition and rising lows. The stated rationale is to find shares with enough movement to offer trading opportunities, active but not extreme turnover, and a price structure interpreted as an emerging uptrend. The document supplies both a technical screening formula and a Python example, alongside a warning that the method uses technical conditions alone.

The author notes that the screen omits company fundamentals and financial risks, and that “rising lows” is only a rough trend measure. Suggested improvements include adding balance-sheet, profitability, and growth measures, then adjusting the criteria using historical testing and valuation evidence. The document reports no backtest performance or evidence that the screen predicts gains, so its explanation is a heuristic rather than a validated strategy.

Key ideas

• The screen requires a daily range of at least one percent.
• Relative volume must be between 1.5 and 6 times its five-day average.
• A rising-low condition is used as a rough indicator of an uptrend.
• The method omits fundamentals and requires risk controls and validation.

Tags

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