Stock Screening by Turnover, Ten-Day Average Proximity, and Limit-Ups

Summary

The article describes a stock screen requiring turnover between 3% and 12%, an opening price within 5% of the ten-day moving average, and at least two limit-up events within a 500-day window. It presents these criteria as combining trading activity, short-term price positioning, and a history of strong upward moves. Formula references and sample code are included to illustrate the conditions.

The document offers no backtest, outcome data, or evidence that past limit-ups predict future gains. It warns that limit-up behavior can reflect manipulation or speculative attention and that emphasizing such events may encourage chasing prices. The code’s rolling-high calculation does not clearly establish the stated count of limit-ups, so implementation should be checked before use. The article suggests adding fundamental measures such as earnings growth and leverage, or tightening the event criteria.

Key ideas

• The screen combines a turnover range, opening-price proximity to the ten-day average, and repeated limit-up events.
• The historical limit-up condition is intended to indicate prior market attention and strong price moves.
• The document provides formulas and sample code but no empirical performance results.
• Limit-up history can reflect speculation or manipulation and may lead to chasing.
• The example calculation should be validated because it may not count limit-up events as described.

Tags

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