Chinese Stock Screen Using Range, Price, and a 10-Day Average

Summary

This Chinese-language post proposes screening stocks for daily range above one percent, a closing price of 18.5 yuan, and an opening price within roughly two percent of the 10-day moving average. It describes the combination as a way to find moderately priced shares with movement and a technical reference point, and suggests ranking selected names by trading value. Example formulas and Python-like implementation are provided, though the code contains apparent inconsistencies in how it accesses volume, moving-average data, and recent trading dates.

The post offers no backtest, sample, or performance evidence. It cautions that technical signals can lag or misclassify stocks and that relying on a single indicator can miss relevant conditions. It suggests combining indicators and weighting them, but does not define or test such a combined model. The precise price filter is highly restrictive and market-specific, so the screen should be treated as an illustrative selection rule rather than a validated strategy.

Key ideas

• The screen combines a daily range threshold with a fixed closing-price condition.
• It selects stocks whose opening price is near the 10-day moving average.
• The example proposes ranking qualifying stocks by trading value.
• The post provides no backtest or evidence that the screen predicts returns.
• Its code examples contain implementation inconsistencies that require correction before use.

Tags

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