Screen Chinese Equities by Price Range, Shape, and Float Value

Summary

This post describes a Chinese stock screening rule combining daily amplitude above 1, a rounded price pattern, and circulating market value above 10 billion yuan. It presents the rounded-shape condition as a five-session price-range position: the previous close should lie in the lower half of the period’s high-low range. The stated rationale is to find relatively large, liquid stocks with meaningful trading activity and smoother price movement.

The post gives a formula reference, but provides no backtest, performance data, or detailed definition of how the amplitude threshold is measured. It cautions that the filters may miss promising smaller companies, that chart patterns can lag or fail to predict direction, and that market capitalization alone is an incomplete selection criterion. It suggests combining the screen with other technical and fundamental measures and adjusting conditions based on trading experience. The document is a screening concept rather than a complete strategy: it does not specify entry timing, exits, portfolio construction, or risk controls.

Key ideas

• The screen requires amplitude above 1 and circulating market value above 10 billion yuan.
• A five-session high-low range calculation is used to represent the rounded price-shape condition.
• The rationale favors large, liquid stocks with relatively smooth price behavior.
• The post provides no empirical results and warns that the filters may lag or omit smaller opportunities.
• Additional technical and fundamental factors could be combined with the screen.

Tags

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