Intraday Stock Screening with Range, Arc Shape, and Recent Highs

Summary

This document describes a short-term stock screen combining a minimum price range, an “arc-shaped” price pattern, and a recent two-session high. Its formula reference also checks that recent minute-level volume is rising across progressively longer windows, excludes one market segment, and requires traded volume. The accompanying Python example applies range and candle-position thresholds, then selects symbols whose recent high is the maximum in the inspected data.

The stated rationale is to find active but not excessively volatile stocks, smoother movement relative to averages, and recent strength. No performance results or validation evidence are provided. The screen uses technical and volume conditions alone, so it can miss fundamental or broader market influences; the article itself suggests combining other indicators and fundamentals and adapting the rules to market conditions. The two code examples express details that do not fully align with the headline wording, so their precise implementation should be checked before use.

Key ideas

• The proposed screen combines price amplitude, an arc-like price shape, and a recent high.
• The indicator reference adds rising minute-volume totals and excludes a specified market segment.
• The Python example evaluates amplitude and candle position across recent minute bars.
• The article gives no backtest evidence and warns that technical-only selection may miss important factors.

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