Screening Chinese Stocks by Intraday Range, Moving Averages, and Float Value

Summary

This post describes a simple stock-selection screen for Chinese equities. It seeks stocks with a daily trading range above a threshold, upward movement in short-term moving averages, and circulating market capitalization above a stated floor. The accompanying discussion treats range and moving-average direction as technical signals, while market capitalization is used to favor larger companies. It also notes that restricting the universe by size may leave fewer candidates and increase concentration risk.

The post includes formula and Python examples intended to illustrate how the conditions could be implemented, though the code and stated moving-average description appear potentially inconsistent in their ordering. It reports no backtest, returns, or evidence that the screen predicts future performance. Suggested extensions include adding relative-strength and valuation measures, reducing the market-cap floor, and broadening the number of eligible stocks. The screen is therefore a candidate-generation idea rather than a validated trading strategy; implementation details and data definitions should be checked before use.

Key ideas

• The screen combines a daily range threshold with short-term moving-average direction.
• A circulating market-cap floor narrows the selection to larger stocks.
• The post flags concentration risk if the size filter leaves too few candidates.
• It suggests adding relative-strength and valuation measures or broadening the universe.
• No backtest or performance evidence is provided, and implementation details may need review.

Tags

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