A-Share Screening with Turnover, Bid-Ask Size, and Reversal Signals

Summary

This brief A-share stock-screening note combines three conditions: turnover between 3% and 12%, first-level bid volume greater than first-level ask volume, and a reversal pattern described as a counterattack or engulfing move. The conditions aim to identify actively traded stocks where displayed buying interest and recent price action align. The page does not define the reversal pattern precisely or explain how the screening fields are calculated.

The author characterizes the approach as technical and activity-based, with no fundamental inputs. It offers no historical test, performance figures, or implementation code, so the selection rule should be treated as a screening idea rather than a validated strategy. The note cautions that the method can miss financial and macroeconomic factors and that technical signals may lag, exposing picks to short-term losses. It suggests combining the screen with fundamental analysis and additional indicators, but gives no rules for weighting or validating those additions.

Key ideas

• The screen selects A-shares with turnover between 3% and 12%.
• It requires displayed first-level bid volume to exceed ask volume.
• A reversal pattern is the third condition, though the page does not define it precisely.
• The approach omits fundamental analysis and provides no backtest evidence.

Tags

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