Short-Term Limit-Up and Auction-Flow Stock Momentum Screen

Summary

This Chinese equity screen ranks stocks by capital strength, prioritizes the five largest by the day’s auction amount, and requires more than two limit-up sessions within the previous ten days. The rationale is that strong capital activity and repeated limit-up moves may identify stocks with active demand and recent price momentum. The article proposes adding company financial quality, industry outlook, and technical indicators such as moving averages or MACD.

The note warns that the rules focus on money flows and short-term performance while omitting fundamentals and broader industry conditions. It supplies sample snippets for ranking capital strength and auction amount, but no backtest, return data, or evidence that the ranking predicts future performance. The examples also use amount data as a stand-in for auction amount, so implementation details and data definitions would need verification before research or trading use.

Key ideas

• The screen requires more than two limit-up days in the prior ten days.
• It selects the top five stocks by current auction amount after ranking capital strength.
• The proposed rationale is to capture stocks with strong recent activity and momentum.
• The note recommends considering fundamentals, industry outlook, and technical measures.
• No performance evidence is supplied, and the sample auction-amount logic may need refinement.

Tags

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