Screening for Active Stocks with Repeated Limit-Up Moves

Summary

The document describes a stock screen that combines daily amplitude above 1, a listing history longer than one year, and more than two limit-up events in a ten-day window. The rationale is that amplitude may indicate activity, while an established listing history and repeated limit-up moves may identify stable but currently active stocks. It also suggests adding indicators such as MACD or RSI and considering technical and fundamental factors when refining the screen.

The article flags the risk of chasing hot stocks and notes that limit-up shares may be driven by speculative activity. It includes formula and sample implementation references, but these do not establish that the stated rules are equivalent: the sample's amplitude calculation and limit-up proxy may differ from the written criteria. No backtest results, trading returns, execution assumptions, or evidence that the screen predicts future performance are provided.

Key ideas

• The screen looks for stocks with amplitude above 1, more than a year of listing history, and repeated limit-up events in a ten-day period.
• The proposed rationale is that the conditions capture activity and recent price strength.
• The article warns that buying popular limit-up stocks can amount to chasing speculative moves.
• It suggests combining the screen with other technical and fundamental measures, without reporting evidence of improvement.

Tags

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