A-Share Screening with Turnover and Moving-Average Convergence

Summary

This note describes a Chinese A-share stock screen that keeps securities with turnover between 3% and 12%, excludes Beijing-listed shares, and looks for at least five moving averages to converge. The convergence condition is presented as a technical setup, while the turnover band is intended to select actively traded stocks. The article also sketches formula and data-processing approaches for applying the filters.

The note offers no backtest, performance results, or evidence that the screen predicts returns. It cautions that moving-average convergence alone does not establish an uptrend and that the method omits company fundamentals and may depend on market style. It suggests using additional indicators such as RSI or MACD and considering industry conditions, profitability, management, and financial health. The supplied implementation details are only illustrative and do not fully demonstrate a reliable end-to-end data pipeline.

Key ideas

• The screen selects stocks with turnover from 3% to 12% and excludes Beijing-listed shares.
• It seeks stocks where at least five moving averages converge.
• Moving-average convergence can occur during a decline and does not confirm a bullish trend.
• The article proposes combining technical filters with fundamental and industry analysis.
• No backtest or quantified evidence is provided for the screen.

Tags

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