Chinese Stock Screen Using Volume Ratio and a Rising 30-Day Average

Summary

This stock-selection idea combines three filters: rank shares by volume ratio and retain the top 100, require a positive prior-day price change without a limit-up close, and require the 30-day moving average to be rising while price remains above it. The article interprets the volume-ratio ranking as a proxy for stronger trading interest and the moving-average condition as evidence of an upward trend. It presents the screen as a way to identify shares with recent activity and positive trend conditions.

The discussion acknowledges that the filters omit other relevant information, including company size, financial condition, trading volume, turnover, and short-term pullbacks. It suggests adding fundamental and technical measures or checking shorter moving-average periods. The page provides no backtest, return figures, or precise evidence that the screen predicts future gains; its final rule is also cut off in the supplied text.

Key ideas

• The screen ranks shares by volume ratio and selects the top 100.
• It excludes shares that closed at the daily limit the previous day while requiring a positive prior-day change.
• It requires the 30-day moving average to rise and the share price to be above that average.
• The article identifies missing fundamentals, volume, turnover, and short-term movement as limitations.
• No performance results are provided, and the stated final rule is truncated.

Tags

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