Screening Chinese Stocks by Intraday Range, Rising Moving Averages, and Float Size

Summary

This post presents an A-share screening idea that combines a price-range threshold, a rising short-term moving-average condition, and a circulating market capitalization between 5 and 10 billion yuan. The stated rationale is to find mid-sized companies with recent upward price behavior. It also discusses adding valuation, profitability, or industry filters to refine the selection.

The post warns that these signals can select stocks that are still falling or exposed to a broad market decline, and that circulating market value alone does not establish company worth. It includes formula and Python examples, but the code does not cleanly match the stated rules: for example, the Python snippet applies a price-to-book filter and its market-cap bounds differ from the stated range. No backtest or performance evidence is supplied, so the screen should be treated as an unvalidated selection heuristic.

Key ideas

• The stated screen combines a range condition, upward-moving averages, and a 5–10 billion yuan circulating market value band.
• The author proposes valuation, profitability, and industry filters as possible additions.
• Market capitalization is only a rough company descriptor and does not establish intrinsic value.
• Broad market declines and falling stocks can still pass an incomplete screen.
• The included code has conditions that diverge from the prose, and no performance evidence is reported.

Tags

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