A Stock Screen Combining Turnover, Recent Limit-Ups, and Weekly MACD

Summary

This Chinese equity screening proposal selects stocks with turnover between 3% and 12%, at least one limit-up move during the previous 25 days, and a positive weekly histogram condition. The accompanying explanation treats turnover as a measure of trading activity, recent limit-ups as evidence of strong price movement, and the weekly signal as a possible trend filter. It includes indicator logic and an example workflow for applying the screen to listed shares.

The document warns that the screen carries substantial risk: selected shares may fail to rebound or continue falling, and a weekly technical signal can misclassify market conditions. It suggests adding trend measures, other technical or fundamental inputs, and potentially machine-learning analysis. No backtest performance or empirical evidence is supplied, so the proposed selection logic should be treated as an unvalidated screening idea rather than an established source of returns.

Key ideas

• The screen combines a 3%–12% turnover range with a recent limit-up event and a positive weekly histogram signal.
• Turnover and limit-up activity are used to identify active shares with recent strength.
• The weekly indicator condition is intended to filter for a possible upward trend.
• The proposal warns that selected stocks can reverse or continue declining and that the signal has limitations.
• The document offers possible extensions but supplies no performance validation.

Tags

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