Stock Screening with Turnover, Daily Gains, and Rising Lows
Summary
This screen looks for main-board stocks with turnover between 3% and 12%, a daily gain above 1%, and a rising-bottom condition. The article presents higher lows as a technical filter alongside liquidity and price movement, and gives example formulas and Python code to identify candidates. Its formula describes comparing the current low with recent lows, while the implementation also excludes some stock categories.
The document offers no backtest, performance figures, or evidence that these conditions predict continued gains. It notes that market volatility, company fundamentals, and industry trends can affect outcomes, and suggests adding indicators such as moving averages or MACD as well as broader market and sector analysis. The precise definitions are not entirely aligned across the article: the selection criteria name the main board, while the sample code uses a code-based exchange check, and the formula’s low-price comparison does not straightforwardly establish a rising sequence of lows. These details should be resolved before implementation.
Key ideas
- The screen combines turnover between 3% and 12%, a daily gain above 1%, and a bottoming or higher-low condition.\nThe strategy targets main-board stocks and treats rising lows as a sign of improving price structure.\nThe article supplies formulas and sample code but no performance evidence.\nFundamental, industry, and market conditions remain outside the stated filters.\nThe written market-universe rule and code differ, and the low comparison may not prove a rising sequence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.