A-Share Screen for Turnover and Seven Consecutive Down Days
Summary
This A-share stock-selection rule screens for turnover between 3% and 12%, excludes Beijing-listed shares, and selects stocks described as having fallen on each of the previous seven trading days. The post presents consecutive declines as a way to find candidates that might rebound, framing the approach as a technical, contrarian screen. It proposes combining the pattern with indicators such as MACD or RSI and with financial measures such as revenue and profit.
The document provides no historical test or performance evidence. It explicitly cautions that a run of declines does not ensure a rebound and may instead identify stocks in a prolonged correction. The accompanying formula and code illustrate screening, but the code’s return-change check is not necessarily equivalent to seven sequential down closes, so implementation details should be verified before use. The rule is a candidate-generation idea, not a validated entry or exit system.
Key ideas
- The screen combines a turnover range, exclusion of Beijing-listed shares, and a seven-day decline pattern.\nThe intended rationale is to identify stocks that may rebound after persistent weakness.\nThe post suggests adding technical indicators and fundamental filters for confirmation.\nConsecutive losses can continue, and the document provides no backtest showing a rebound advantage.\nThe provided code may not precisely implement seven consecutive down sessions.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.