Chinese Stock Screen Using Daily Range, Listing Age, and Prior Low

Summary

This stock-selection screen looks for shares with a daily amplitude greater than one, a listing history longer than a year, and a latest close above the previous session’s low. The stated rationale is that a meaningful daily range filters out quiet shares, the listing-age condition excludes newer stocks with potentially disruptive volatility, and the close relative to the prior low may indicate buying interest. The document includes a stock-data example and a formula reference for the close-versus-low condition.

The screen is presented as a price-based heuristic, not a tested trading system. It gives no backtest results or evidence that the conditions predict returns. The author cautions that company fundamentals, industry conditions, and macroeconomic factors are omitted, and that selected shares may remain volatile. It suggests adding technical indicators and using risk controls such as stop levels, but does not specify entry timing, exits, position sizing, or a method for evaluating those additions.

Key ideas

• The screen requires daily amplitude above one, listing age over a year, and a close above the prior session’s low.
• The proposed rationale is to combine activity, a filter against newer listings, and a price-strength signal.
• The document provides example selection logic but no performance results or validation.
• It identifies missing fundamental and macroeconomic inputs and recommends risk controls.

Tags

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