A Small-Cap Robot-Themed Stock Screen Using Range and Moving Average

Summary

The article proposes a Chinese equity screen combining four conditions: daily amplitude above a threshold, an opening price near the ten-day moving average, membership in the robotics concept group, and circulating market capitalization below a ceiling. It frames the range condition as a way to seek volatile stocks, the moving-average condition as a stability filter, and the concept and size filters as ways to target robotics exposure and smaller companies. The article also gives example formulas and data fields for implementing the screen, though these are platform-specific illustrations rather than a fully specified trading system.

The source provides no backtest results, entry or exit rules, portfolio construction, or evidence that the screen earns excess returns. It identifies risks from limited liquidity and larger price swings in small-cap stocks, potentially stretched valuations in the robotics theme, and reliance on technical criteria alone. It recommends combining the screen with fundamental and market information and reviewing theme valuations. The description is instructional and promotional in tone, so its investment rationale should be treated as a hypothesis requiring independent testing.

Key ideas

• The screen combines price amplitude, proximity to a ten-day moving average, robotics classification, and a circulating market-cap limit.
• The article proposes the filters as a way to target volatile, smaller robotics-related stocks.
• Small capitalization may bring weaker liquidity and larger price swings.
• The screen lacks reported backtests, trading rules, or evidence of profitability.
• The source recommends checking fundamentals and theme valuations alongside technical conditions.

Tags

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