A-share Stock Screen Using Turnover, Relative Gains, and Daily Range

Summary

This stock-screening example selects main-board shares with turnover between 3% and 12%, a daily gain above 1% relative to a market or sector reference, and an intraday range above 1%. It presents the rules as a short-term technical screen intended to find stocks showing stronger current price action and trading activity. The page includes sample indicator logic and a Python illustration using historical stock data.

The accompanying discussion warns that the screen may admit weak companies because it emphasizes short-term price behavior and omits fundamental analysis. It suggests adding valuation measures or other technical filters, but supplies no backtest, return evidence, or transaction-cost analysis. The example’s implementation details also appear inconsistent in places with the stated relative-performance and range definitions, so the screening rules should be checked carefully before use.

Key ideas

• The screen combines a turnover band with positive daily relative performance and a minimum intraday range.
• Its focus is short-term price and trading activity rather than company fundamentals.
• The page acknowledges that the broad criteria may include poor-quality stocks and may return no matches.
• No performance testing is presented, and the sample implementation should be checked against the stated rules.

Tags

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