A Turnover and Recent Limit-Up Screen with Rounded Price Structure

Summary

This Chinese A-share stock-selection example combines a turnover-rate band of 3% to 12%, at least one limit-up event within the prior 25 days, and a rounded price pattern. Its accompanying formula and Python illustration also apply moving-average relationships and price-location checks, so the implementation is more specific than the short headline description. The rationale is to find stocks with moderate trading activity, recent market attention, and a potentially constructive technical pattern.

The document acknowledges that the screen omits company fundamentals and broad market conditions, and that a rounded pattern can be noisy. It recommends adding business and financial quality checks, considering market context, and cross-checking technical signals. It supplies example selection logic, but no backtest, performance results, or evidence that the rules predict returns. Some details in the prose and sample code do not align cleanly, including the turnover calculation and timeframe, so the example should be treated as a rough specification that needs careful validation before use.

Key ideas

• The screen combines a 3% to 12% turnover range with a limit-up event in the previous 25 days.
• The example adds rounded-pattern and moving-average conditions to identify a particular price structure.
• The author warns that technical signals alone omit fundamentals and overall market conditions.
• The document provides illustrative formulas and code but reports no performance evaluation.
• Differences between the stated rules and sample implementation require validation.

Tags

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