Screening Stocks for Wide Range, Rising Lows, and Recent Limit-Ups
Summary
This stock screen combines three price conditions: daily amplitude above a threshold, progressively higher bottoms, and at least one limit-up move during the recent month. The article frames limit-up stocks as evidence of investor attention and pairs that signal with a rising price structure. It gives sample indicator logic and partial Python code for screening historical daily bars, using a rolling window to check for a sufficiently large gain.
The approach is speculative and does not include fundamental analysis or evidence of tested performance. The author notes that limit-ups may result from short-term trading rather than durable business strength, and that parameter and time-window choices can change outcomes. Suggested refinements include adding volume, moving averages, other technical indicators, sentiment, and company fundamentals; these additions are proposals rather than validated improvements.
Key ideas
- The screen looks for high amplitude, rising price lows, and a recent limit-up event.
- A limit-up can reflect market attention but may also signal short-term speculation.
- The article provides example screening logic but reports no performance test.
- Adding volume, trend indicators, sentiment, and fundamental measures could broaden the analysis.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.