Chinese Stock Screen for Three Limit-Up Days and Recent Gains

Summary

This Chinese equity screening note describes a setup requiring price amplitude above 1, three consecutive limit-up sessions as of the previous day, and a ten-day gain between zero and 35%. The rationale is to focus on recently strong stocks while excluding those whose short-term performance falls outside the specified range. In its revised description, the amplitude threshold is stated as 1.5%.

The document discusses risks from overly restrictive thresholds, reliance on recent returns, and ignoring company fundamentals. It suggests adding other technical measures, varying parameters by industry, and including measures such as return on equity or profit growth. It provides formula and Python examples, but these do not clearly correspond to the advertised screen: the formula instead uses several oscillator and volume conditions, while the Python checks price equality across sessions rather than verifying three limit-up days. No empirical performance evidence is presented, so the rules and code would need reconciliation and testing before use.

Key ideas

• The stated screen requires amplitude above 1, three consecutive limit-up sessions on the prior day, and a ten-day gain between zero and 35%.
• The revised description raises the amplitude threshold to 1.5%.
• The supplied formula and Python sketch do not clearly implement the stated three-part screen.
• The note flags parameter rigidity and missing fundamental analysis as limitations and suggests adding other measures.

Tags

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