A-Share Screen for Turnover and Three Consecutive Down Days

Summary

This A-share stock screen combines a daily turnover range of 3% to 12%, three consecutive declining sessions, and turnover above 8% on the previous day. The article presents it as a way to find actively traded stocks whose prices have recently weakened. It also suggests adding valuation and profitability measures, such as price-to-earnings, price-to-book, and return on equity, to broaden the selection criteria.

The post includes sample screening logic, but its examples do not consistently implement the stated rules. The formula uses moving-average behavior and a current bullish close in place of three consecutive down sessions, while the Python example compares volume values rather than clearly calculating turnover. It provides no backtest, performance evidence, or rules for entries, exits, and risk limits. Treat the screen as an illustrative idea that requires careful data and signal verification.

Key ideas

• The screen combines turnover between 3% and 12% with three consecutive falling sessions.
• It additionally requires the previous session's turnover to exceed 8%.
• The article recommends adding fundamental measures to complement its technical filters.
• The code examples do not clearly match the stated screening conditions.

Tags

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