Screening Chinese Stocks by Amplitude, Weekly Direction, Size, and Earnings

Summary

The proposed screen combines a price-amplitude threshold, a rising weekly candle, a market-cap ceiling, and positive earnings per share to find smaller companies showing recent upward movement. The accompanying discussion frames amplitude as a measure of activity and the weekly condition as a short-term trend filter. It also suggests adding technical measures such as RSI or DMI and further company-quality checks, including industry position and profit growth.

The document includes example formulas and partial Python code, but does not report a backtest, selected stocks, or realized returns. Its explanation warns that valuation and growth prospects are not covered and that strict filters may exclude promising companies. The examples also do not clearly implement every stated condition: the Python snippet uses a daily MACD value for its trend check, while the description specifies a weekly candle. Treat the screen as an illustrative starting point whose definitions need careful verification.

Key ideas

• The proposed screen combines price amplitude, a positive weekly candle, a market-cap limit, and positive earnings per share.
• The author suggests adding technical and fundamental filters to refine the candidate list.
• The document supplies sample formulas and partial Python code but gives no performance evidence.
• Its examples may not match the stated weekly condition, so implementation details require verification.
• The screen omits valuation and company prospects, and restrictive conditions may exclude candidates.

Tags

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