Screening for High-Amplitude Stocks After Three Consecutive Limit-Ups

Summary

This stock-screening approach starts with shares whose daily amplitude exceeds 1 and that had three consecutive limit-up sessions on the previous day. Its refined version also looks for an arc-shaped pattern formed by recent lows, closes, and highs, with the low-to-high angle at least 150 degrees, and requires a price-to-earnings ratio below 50. The article describes the arc as a way to identify a particular price shape and gives an indicator-formula example plus a local-data calculation sketch.

The rationale is that large amplitude and consecutive limit-ups indicate activity and strong buying interest, while the arc condition captures a desired chart structure. The article itself flags that chart-shape interpretation can be subjective and that the screen omits fundamentals; it proposes adding valuation and other technical measures. It provides no backtest or evidence of predictive performance. The supplied formula and code examples also differ in instruments and implementation details, so the definitions should be checked before use.

Key ideas

• The initial screen combines daily amplitude above 1 with three consecutive limit-up sessions on the prior day.
• The refined screen adds a recent arc-shaped price pattern and a price-to-earnings ceiling of 50.
• The article uses the arc pattern as a chart-structure filter but acknowledges judgment in interpreting it.
• The screen omits broader fundamental analysis and may select overvalued shares.
• No historical performance evidence is presented.

Tags

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