Stock Screening by Price Range, Large-Order Flow, and Positive Returns

Summary

This stock-selection screen looks for shares with a daily range above a threshold, a high large-order net-volume ranking, and a positive return. It frames these conditions as proxies for volatility, trading activity, and short-term price strength. The document includes example indicator logic and a Python sketch that checks daily price moves and trading data.

The rationale is that volatile, actively traded stocks with positive recent performance may have further upside potential. However, the post acknowledges that the method focuses on short-term technical conditions and excludes long-term business fundamentals. It may also return few stocks, and short-term gains can reverse. The examples do not consistently implement the stated large-order net-volume condition, substituting other activity measures in places. No backtest or performance evidence is presented, so the screen’s predictive value remains unverified.

Key ideas

• The screen combines price range, large-order activity ranking, and positive returns.
• The criteria are intended as proxies for volatility, activity, and short-term strength.
• The strategy omits fundamental analysis and may select very few stocks.
• The implementation examples use activity measures that do not exactly match the stated large-order condition.
• The document recommends testing the rules but reports no results.

Tags

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