Screening Beverage Import and Export Stocks Near the 10-Day Average

Summary

This post describes a narrow Chinese equity screen for beverage and alcohol import-export companies. It selects stocks whose recent trading range exceeds a threshold and whose opening price lies within a band around the 10-day moving average. The examples also show sorting qualifying stocks by volume. The stated rationale is to focus on volatile shares that may be consolidating, while restricting candidates to a specified industry group.

The post provides illustrative formula and Python-style implementations but no backtest, return data, or evidence that the conditions have predictive value. It recognizes that concentrating on one industry can exclude other opportunities and expose the screen to weakness across the whole group. It suggests augmenting the rules with volume, valuation, and other fundamental or technical indicators, as well as monitoring industry and policy conditions. Implementation details differ between the examples: the described industry category and the sample classification labels are not fully consistent, so the data mapping and indicator calculations would need verification before use.

Key ideas

• The screen limits candidates to beverage and alcohol import-export stocks.
• It requires a recent range above a threshold and an opening price close to the 10-day moving average.
• The examples sort selected stocks by trading volume.
• The post supplies no evidence from a historical performance test.
• Industry concentration and inconsistent sample classification details are important limitations to check.

Tags

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