A Small-Cap Stock Screen Using Position Changes and Price Recovery

Summary

This Chinese stock-selection proposal combines a market-capitalization ceiling, a positive daily position-change ratio, and a closing price above the previous day’s low. The article interprets a rise in position share as evidence of buying interest and the close holding above the prior low as a possible sign of price recovery. It also recommends considering financial condition, profitability, and industry outlook.

The stated title uses a 10 billion yuan size ceiling and a no-loss condition, while the article’s final proposed logic changes the position threshold to above 10%, the size ceiling to 5 billion yuan, and adds a close above the previous high. Its sample code instead checks position share above 10%, close above the previous low, and a size value below 50, without implementing the no-loss condition. These inconsistencies make the actual screen ambiguous. The discussion identifies market and price volatility risks but reports no tests or performance results.

Key ideas

• The initial screen combines a small-cap limit, positive position changes, and a close above the prior low.
• The article later proposes stricter thresholds and a close above the prior high.
• The sample code does not fully match either the title or the final proposed logic.
• Fundamental and industry checks are suggested as additional filters.
• No backtest evidence is reported.

Tags

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