Chinese Stock Screening by Turnover, Recent Limit-Ups, and Indicator Crosses

Summary

This article describes a Chinese stock screen requiring turnover within a specified band, at least one limit-up event in the previous twenty-five days, and simultaneous bullish crosses in multiple technical indicators. Its examples combine two MACD configurations with a KDJ crossover, then sort selected shares by price-to-earnings ratio. The stated rationale is to find liquid, active stocks with signs of upward momentum, particularly when market conditions are favorable.

The article gives illustrative screening logic and code, but no backtest results or measured evidence of effectiveness. It flags the omission of company fundamentals and sensitivity to indicator settings, and recommends combining technical and fundamental measures while adjusting and validating parameters as conditions change. The sample implementations do not fully agree on data handling and details, so the screen is not presented as a single, rigorously specified or validated strategy.

Key ideas

• The screen combines a turnover range with a limit-up event during the previous twenty-five days.
• It requires simultaneous bullish crosses across multiple indicators, illustrated with MACD and KDJ.
• The example ranks selected stocks by price-to-earnings ratio.
• The article reports no backtest evidence and notes that fundamentals are not fully considered.
• Indicator settings and market conditions may affect the screen’s results.

Tags

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