Short-Term Breakout Stock Screen Using Turnover and Float Size

Summary

This document describes an equity screen requiring turnover between 3% and 12%, circulating market capitalization between 1 and 55 hundred million yuan, and a three-limit-up sequence on the previous day. The stated intent is to identify recently strong stocks while restricting the size and trading activity of candidates. It includes example screening formulas, although the Python example uses a three-black-crows candlestick indicator, which does not clearly correspond to the stated limit-up condition.

The post provides no backtest, trade execution plan, portfolio sizing, or evidence that the filter predicts future returns. It warns that the signal is short-term and may be vulnerable to reversals after profit-taking, and that the rules do not assess company fundamentals. It suggests adding financial and sentiment measures or widening the investment horizon, but does not test those modifications. The criteria should therefore be understood as a screening idea rather than a validated strategy.

Key ideas

• The screen combines a turnover band and a circulating market-cap range with a recent three-limit-up signal.
• The post frames the sequence of limit-up moves as evidence of short-term strength.
• The provided Python example uses a candlestick pattern that may not implement the stated signal.
• No performance study, position sizing, execution plan, or exit rule is provided.
• The author identifies reversal risk and missing fundamental analysis as limitations.

Tags

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