Intraday Stock Screen Using Buying Activity, Price, and Early Gains

Summary

This document describes a Chinese equity screening rule built around reported increases in holdings, share price, and an early intraday gain limit. The stated criteria require today’s increase in holdings to exceed 5%, a price below 12.9 yuan, and a gain below 6% during a specified morning interval. Its rationale is to find stocks attracting buying activity without having already risen too far.

The article offers no performance tests or supporting market data. It flags broad-market weakness, rapid price rises that can make candidates fail the screen, and low buying volume that may leave stocks overlooked. It suggests adding measures such as market capitalization, valuation, historical data, or technical indicators, but does not specify or test those additions. The example implementation also uses a fixed historical time window, so its timing and data definitions would need scrutiny before practical use.

Key ideas

• The screen selects stocks with a reported increase in holdings above 5%.\nIt limits eligible share prices to below 12.9 yuan.\nIt excludes stocks whose gain exceeds 6% in the stated morning interval.\nThe article provides no backtest or evidence that the screen is profitable.\nMarket conditions and measurement definitions may affect the results.

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