Chinese Stock Screen Using Range, Opening Move, and Rising 30-Day Average

Summary

This stock-selection approach combines three technical filters: price amplitude above 1, the 9:25 price rise below 6%, and a 30-day moving average that is higher than the previous day’s. The accompanying explanation presents the rising average as a way to favor stocks with an upward short-term trend, while the amplitude and opening-price constraints aim to avoid especially weak movement or an already sharp early advance. It also suggests considering market conditions, liquidity, company finances, and industry prospects alongside the screen.

The document provides an indicator expression and sample Python that queries Chinese stock data to apply similar conditions. However, the sample does not provide a backtest, performance evidence, or a clear evaluation of risk-adjusted returns. Its discussion advises caution with weak fundamentals and prolonged declines, and its implementation details may not exactly match the stated screening logic. The criteria are a candidate filter, not evidence that selected shares will outperform.

Key ideas

• The screen requires amplitude above 1, a 9:25 price rise below 6%, and an upward-sloping 30-day moving average.
• The author frames the average filter as a way to favor stocks in a short-term uptrend.
• The document recommends considering fundamentals, liquidity, industry conditions, and the broader market as additional context.
• It supplies example screening logic and Python data retrieval, but no backtest or performance results.
• The stated conditions may be unsuitable for stocks with weak fundamentals or persistent declines.

Tags

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