Stock Screening with Price Range, Fixed Price, and Rising Lows

Summary

This Chinese-language post proposes a stock screen using daily price range, a specified closing price, and rising lows. It presents the idea that a sequence of higher lows may indicate a stabilizing or improving price path, while a larger intraday range helps identify active stocks. The post also recommends considering other technical, fundamental, industry, and macroeconomic information, alongside take-profit and stop-loss controls.

The article includes example screening logic and code references, but supplies no backtest, selected-stock history, or evidence of profitability. The exact price condition is unusually restrictive, and the prose and code do not align perfectly on the criteria for rising lows. The post itself warns that market sentiment and news can lead to false bottom signals, and that higher lows alone do not confirm a lasting recovery. Its suggestions are screening ideas, not a tested trading system.

Key ideas

• The proposed screen combines a price-range threshold, a specified closing price, and a higher-low condition.
• The author interprets successive higher lows as a possible sign of price stabilization.
• The post suggests adding other technical and fundamental factors and using exit controls.
• It provides no backtest or evidence that the screen is profitable.
• The written criteria and code examples have inconsistencies that require review before use.

Tags

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