Combining a Five-Session Price High with Earnings Growth for Stock Selection

Summary

This Chinese A-share screen combines price and company filters: amplitude above one, exclusion of special-treatment stocks, a five-session closing-price high, and parent-company net profit growth above 20% and no greater than 100%. The article also describes screening before 10 a.m., although its final logic does not spell out an intraday implementation. It offers a Python-style example but no platform indicator formula.

The strategy’s rationale is to pair a short-term price-strength signal with positive but bounded reported earnings growth. The document gives no backtest results, entry or exit rules, holding period, or evidence that the combination has predictive value. It warns that technical and fundamental filters may not reflect future business performance and that year-over-year profit growth alone does not establish durable profitability. Sector conditions and valuation measures are suggested as possible additional checks.

Key ideas

• The screen combines amplitude, non-ST status, a five-session closing high, and a bounded earnings-growth range.
• The description mentions selection before 10 a.m., but does not explain how the timing is applied in the final rules.
• The article provides no tested performance or complete trade management method.
• Year-over-year earnings growth and technical conditions may not capture long-term business quality or future results.

Tags

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