Chinese Stock Screening with Range, Volume, Gaps, and Rising Lows

Summary

This Chinese stock selection proposal combines four conditions: price range greater than one, current volume above 10,000 lots, an opening price above the prior close, and a pattern of rising lows. The accompanying formula and Python example describe ways to screen for these features, using recent daily lows to identify a higher-bottom structure. The post also suggests considering financial data, industry groups, broad market risk, additional technical indicators, and moving averages when reviewing candidates.

The method is presented as a short-term technical screen, not as a tested strategy. The author warns that it omits company fundamentals, sector context, and overall market risk, and that judging a rising-bottom pattern can be subjective. The examples do not provide backtest results, trading rules for entries and exits, or evidence that the criteria produce positive returns. The stated thresholds and implementation details should be interpreted in the context of the intended market and data conventions.

Key ideas

• The screen combines a minimum price range and trading volume with a higher opening price.
• A rising-low pattern is used to identify stocks whose recent bottoms are moving upward.
• The post recommends adding fundamental, sector, market risk, and technical context when evaluating candidates.
• The author characterizes the screen as risky for short-term use and provides no performance evidence.

Tags

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