Stock Screen for Rising 30-Day Average, High Volume, and Opening Gap

Summary

The article describes a Chinese stock screen combining daily amplitude above 1%, current volume above 10,000 lots, an opening price above the prior close, and a rising 30-day moving average. The stated aim is to find shares with notable price movement and trading activity while the broader price trend points upward. It provides a formula-style expression for these conditions and a Python example using daily and basic stock data.

The article suggests adding technical indicators and company fundamentals, including valuation and return measures, but supplies no backtest, benchmark, or evidence that the screen forecasts returns. It also warns that technical conditions alone can miss business, industry, and market risks. The Python example's implementation does not appear to apply every stated condition in exactly the same way, so its screening results may not match the written criteria without review. The document leaves entry timing, exits, and holding period unspecified.

Key ideas

• The screen requires amplitude above 1%, volume above 10,000 lots, an opening gap up, and a rising 30-day average.
• The article gives a formula-style definition and a Python data-screening example.
• The stated rationale emphasizes price activity, trading volume, and an upward trend.
• The author recommends considering fundamental and additional technical measures, while noting the risks of relying on technical filters alone.
• No backtest or performance evidence is given, and the code example may not implement every stated condition consistently.

Tags

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