Chinese Stock Screening with Amplitude, Rising Averages, and Concentration

Summary

This stock-selection rule screens Chinese equities for daily amplitude above one, a specified upward relationship between the close and five-day moving averages, and a concentration measure below 20%. The accompanying explanation describes amplitude and moving-average behavior as signals from recent price action, while concentration is intended to reflect the distribution of recent large-transaction activity. A Python example also filters by market and market capitalization before applying the conditions.

The post gives indicator formulas and sample implementation, but no historical test, candidate list, or return and risk statistics. Its description mixes technical conditions with claims about capital flow and stability, without showing evidence for those interpretations. The sample relies on data-provider calls and uses volume, price, and capitalization fields whose definitions and units should be checked; the written conditions and code may not be fully equivalent. The screen identifies stocks for further investigation and does not specify entries, exits, portfolio weights, or risk controls.

Key ideas

• The screen selects stocks using amplitude, a five-day moving-average relationship, and a concentration threshold.
• The example adds market and market-capitalization filters.
• The post interprets concentration as a measure of large-transaction activity.
• The document supplies example formulas and code but no backtest results.
• The screen does not define trade execution, exits, or portfolio risk controls.

Tags

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