Stock Screening with Price Amplitude, Three Consecutive Limit-Ups, and Float Size

Summary

This proposed stock screen combines price activity with a float-size constraint. It seeks stocks with amplitude above 1%, a three-session limit-up streak ending the previous day, and circulating shares no greater than 5.5 billion. The post’s suggested refinement adds a price-to-earnings ratio below 50. Its stated rationale is to target active stocks with strong recent buying while excluding larger floats.

The document warns that the screen omits fundamental analysis and that circulating-share data may lag. It supplies formula and Python-style examples, but the examples do not clearly implement the stated three-day limit-up condition; the sample Python symbols are futures contracts despite the discussion being about stocks. No backtest or performance results are presented. The criteria therefore describe a speculative screening idea, not evidence of a tested or profitable strategy.

Key ideas

• The proposed screen combines amplitude above 1%, a prior-day three-session limit-up streak, and a circulating float at or below 5.5 billion shares.
• A suggested refinement adds a price-to-earnings ratio below 50.
• The post notes that the screen omits fundamentals and may rely on delayed float data.
• The examples do not clearly implement the full stated logic, and no performance evidence is given.

Tags

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