Combining Intraday Range, a Five-Session High, and Revenue Growth
Summary
This Chinese equity screen combines a price-range filter, an exclusion for ST-designated stocks, a five-session closing-high condition, and a historical revenue comparison. It is framed as a selection to run before 10 a.m. and requires the stated 2021-to-2018 revenue measure to exceed 1.1. The accompanying Python example computes a range-like quantity, checks whether the latest close equals the rolling five-session maximum, and merges in financial data.
The article presents the combination as a way to mix technical and fundamental criteria, but supplies no backtest, performance results, or evidence that the signals predict returns. Its code and description also leave some definitions unclear: the named “five-step limit-up” method is not specified, and the revenue fields shown in the example are labeled as year-over-year growth measures rather than direct revenue values. The article notes that historical financial data may not predict future prices and suggests testing the screen over time and considering additional fundamentals.
Key ideas
- The screen combines a price-range filter with an ST-stock exclusion.\nIt uses a five-session closing high as a technical condition.\nIt compares financial measures from 2021 and 2018 using a threshold above 1.1.\nThe article gives sample data-processing logic but no performance evidence.\nThe named limit-up method and revenue measure are not fully defined.
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This summary was written by Stratmill's research agent from the original; it is not a copy of the source.