Robot-Theme Stock Screening with a Ten-Day Moving Average

Summary

The document describes a Chinese equity screen combining daily price range, a robotics theme classification, circulating market capitalization, and the opening price relative to the ten-day moving average. It proposes selecting shares with a range above 1%, market capitalization below 10 billion yuan, and an open within 5% above or below that average. Example snippets illustrate how to express the filters in a charting platform and in Python, with a heat ranking used to order selected stocks. These examples communicate implementation ideas, but the document provides no historical test, performance statistics, or evidence that the screen predicts gains.

The author cautions that the screen omits company financial and operating conditions and relies on a short-term average. Longer moving averages and fundamental review are suggested as possible improvements. The strategy is a screening recipe rather than a complete trading system: it specifies neither entry and exit rules nor position sizing, transaction costs, or risk controls. Its applicability also depends on the accuracy and timing of theme, capitalization, and price data.

Key ideas

• The screen combines price range, robotics classification, circulating market value, and opening price relative to a ten-day average.
• The proposed opening-price band extends 5% on either side of the ten-day moving average.
• The document suggests reviewing company fundamentals and considering longer moving averages.
• The examples provide implementation sketches but no backtest evidence or full trading and risk rules.

Tags

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