Chinese Stock Screening with Amplitude, Moving Average Crosses, and Opening Gaps

Summary

This article proposes a Chinese stock screen requiring price amplitude above 1, three technical indicators to produce bullish crosses, and an opening auction return between −2% and 5%. It frames the opening move as an additional filter on stocks selected by volatility and technical conditions. The supplied references include moving averages, an amplitude field, an opening-return calculation, and KDJ, alongside illustrative Python code that compares moving averages and applies the amplitude and opening-gap bounds before returning a limited list of stocks.

The article gives no backtest, return series, benchmark comparison, or evidence that the screen is profitable. Its own discussion notes that the criteria omit company fundamentals and broader market conditions, and that short-term opening moves can be noisy. It suggests combining the screen with fundamental and market analysis and holding positions longer to reduce exposure to brief fluctuations. The examples are presented as references and may require adaptation; the article does not fully reconcile its three-indicator description with the moving-average conditions shown in the Python example.

Key ideas

• The proposed screen filters stocks by amplitude, bullish technical crosses, and an opening return from −2% to 5%.
• The article provides example indicator references and Python-style screening logic.
• It offers no performance evidence or backtest results.
• The author cautions that fundamentals, market conditions, and short-term price noise are not captured by the screen.
• The implementation details may need adjustment to match the stated three-indicator rule.

Tags

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