Stock Screening by Price Range, Trading Volume, Gap-Up, and Company Type
Summary
This proposed equity screen selects stocks based on an amplitude threshold, current trading volume above a stated level, a higher opening price, and a company-type condition. The accompanying analysis describes the screen as using price movement and volume to find active shares, while the company-type filter is intended to narrow the universe. A Python example sketches retrieval of listed-stock data and application of filters, though it does not provide a complete scoring model.
The post notes that these inputs omit other fundamental and technical considerations, including industry developments and management quality, and that company characteristics can change with policy or corporate strategy. It recommends adding industry or theme context and technical measures, alongside broader fundamental analysis. The proposed enhancements are general suggestions rather than a fully specified method. No backtest, measured outcomes, or evidence of profitability is given, and the selection criteria alone do not define a complete trading system.
Key ideas
- The screen combines price amplitude, trading volume, a gap-up opening, and a company-type condition.
- The author identifies missing industry, management, fundamental, and technical context as weaknesses.
- Suggested refinements include industry trends, themes, moving averages, and MACD.
- The example implementation does not supply a substantive scoring method or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.