Chinese Stock Screen for Recent Price Strength and New Lows

Summary

This Chinese stock-screening post combines a large intraday range with recent price strength and a lower daily low. Its initial conditions look for amplitude above 1 and at least one daily gain of 10% or more in the past 25 trading days, while requiring today's low to be below yesterday's. The author interprets this as a way to find strong stocks that may be testing support. An expanded version adds market capitalization above 1 billion and limits the number of limit-up sessions in the past five days to two.

The post gives example indicator logic and Python-style code, but it does not present performance results or a reproducible backtest. It warns that short-term price conditions can overlook company fundamentals, rely too heavily on a single low-price comparison, and be less suitable for small-cap stocks. It suggests adding fundamental, market, and price measures and tailoring conditions to market and security types. The screen is therefore a set of proposed filters, not evidence that the selected stocks will rebound or continue rising.

Key ideas

• The screen combines a wide daily range with a recent large gain and a lower low today than yesterday.
• The expanded rules require market capitalization above 1 billion and no more than two limit-up sessions in five days.
• The author presents the conditions as a way to identify possible support tests, but supplies no performance evidence.
• The post cautions that price-only filters omit fundamentals and may not suit small-cap stocks.
• Additional market, fundamental, and price measures are suggested as possible refinements.

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