Mainland Stock Screening with Range, Rounded Price Action, and Daily Gains

Summary

This note describes a short-term screen for mainland main-board stocks. It combines daily amplitude above 1, a rounded price pattern, and a daily gain above 1%. The author presents amplitude as a way to find active stocks, the rounded shape as relatively smooth movement around a moving average, and the daily gain as evidence of short-term upward momentum. An indicator formula is included as a reference, but no backtest or performance evidence is provided.

The screen relies on technical conditions and omits company fundamentals, which can expose it to selection and trading risks. The note suggests adding fundamental and macroeconomic information and comparing signals with historical measures such as RSI. Its proposed final screen also mentions combining technical, fundamental, and macro factors, so implementation details are not fully specified. The conditions should be treated as a basic candidate filter rather than a validated trading strategy.

Key ideas

• The screen selects main-board stocks with amplitude above 1 and daily gains above 1%.
• A rounded price pattern is intended to indicate smoother movement relative to a moving average.
• The author interprets a daily gain above 1% as a sign of short-term upward strength.
• The screen omits fundamentals and macroeconomic conditions, and no performance test is presented.
• The note proposes adding fundamental, macroeconomic, and historical technical indicators such as RSI.

Tags

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