A-Share Screen Using Turnover and a Rising 30-Day Moving Average

Summary

This stock screen selects shares with turnover between 3% and 12%, excludes Beijing-listed A-shares, and requires the closing price to be above its 30-day moving average. The document frames the moving-average condition as a way to seek stocks in an upward price trend. It also gives example screening logic and a Python outline for retrieving stock data and checking the price against the moving average.

The article cautions that the screen relies on price trends alone, uses a relatively short observation window, and may capture temporary rises rather than lasting trends. It suggests adding company and industry fundamentals or other technical measures, such as relative strength, as possible refinements. No backtest results, performance figures, or evidence that these additions improve outcomes are provided, so the screen should be understood as a basic selection rule rather than a validated strategy.

Key ideas

• The screen requires turnover between 3% and 12% and excludes Beijing-listed A-shares.
• A stock qualifies when its close is above its 30-day moving average.
• The article presents the moving-average rule as a way to identify upward price trends.
• The screen omits fundamentals and may select stocks experiencing only brief gains.
• The document suggests adding fundamental or technical criteria but provides no performance validation.

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