Screening Stocks by Trading Range, Limit-Up History, and Revenue Growth

Summary

This stock-selection method combines a daily price-range filter, a history of limit-up moves, and revenue growth. It looks for stocks whose high-low range exceeds one percent of the previous close, with at least two qualifying limit-up events in the preceding 500 days, and whose 2021 revenue is more than 1.1 times its 2018 revenue. The post also mentions ranking candidates by capital strength and provides example formula and Python approaches, though their implementations do not consistently match the stated conditions.

The rationale is to pair active price behavior with evidence of company growth. The document offers no backtest results or performance evidence, so it does not establish that the screen predicts future returns. It cautions that relying on one revenue comparison can miss other financial and market factors, and historical data cannot guarantee future growth. It suggests adding other fundamentals and technical measures and periodically backtesting the rules.

Key ideas

• The screen combines price range, past limit-up activity, and revenue growth.
• It requires at least two qualifying limit-up events within 500 days.
• It compares 2021 revenue with 2018 revenue using a growth threshold.
• The article provides no measured performance evidence and warns that historical growth may not persist.
• Additional financial and technical factors could make the screening process more complete.

Tags

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