Equity Screening with Rising Lows, Price Range, and Turnover

Summary

This post presents a Chinese equity screen using three conditions: price amplitude above 1%, rising bottoms, and previous-session trading value above 60 million. It frames the amplitude as a way to find more volatile shares, rising lows as evidence of a rebound, and turnover as a measure of market activity. It includes example indicator formulas and a Python sketch for combining the filters.

The article does not provide backtest results or evidence that these conditions identify stocks with positive future returns. Its discussion acknowledges that the screen omits company fundamentals and may be driven by market mood; opening price moves can also affect actual outcomes. It proposes adding valuation, growth, industry, capital-flow, technical, and macro context, along with risk controls. The supplied code and formulas are illustrative and leave some implementation details dependent on the platform and data definitions.

Key ideas

• The screen selects shares with amplitude above 1%, rising price bottoms, and prior-session turnover above 60 million.
• Rising lows are treated as a sign of a rebound, while turnover is used as a liquidity or attention filter.
• The post supplies formula and Python examples but no backtest or return evidence.
• The author notes that price-only filters omit fundamentals and remain exposed to sentiment and opening volatility.

Tags

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