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Chinese A-Share Screen Using Turnover and a Rising DEA Line

Article SuperMind
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Summary

This technical stock screen selects Chinese A-shares with turnover between 3% and 12%, excludes Beijing-listed shares, and requires the DEA line to have risen from its prior reading. The DEA condition is presented as a way to identify stocks with a recent upward tendency. Formula and Python examples show how the turnover band and one-period DEA increase can be checked.

The article cautions that a technical-only screen can miss fundamental conditions and the broader market direction; it may therefore select stocks whose rebounds are already extended. It suggests assessing fundamentals and price-volume information alongside the signal. No backtest or performance results are provided, and the article does not define a holding period, entry timing, or exit and risk rules.

Key ideas

  • The screen requires turnover within a 3% to 12% band and excludes Beijing A-shares.
  • A rising DEA reading is the technical signal used to identify a possible upward trend.
  • The article recommends considering fundamentals and price-volume measures alongside the signal.
  • It warns that technical filters can ignore market context and select overextended rebounds.
  • No backtest, holding period, or exit rule is supplied.

Tags

EquitiesChina marketsTechnical indicatorsMomentumRisk management

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