Chinese Stock Screening with Turnover, K Values, and a Rising 30-Day Average

Summary

This stock-screening approach selects equities with turnover between 3% and 12%, a K indicator below 20, and a rising 30-day moving average. It combines a trading-activity filter, an indicator threshold, and a short trend check to identify candidates that may have upside potential. The document also describes a proposed refinement: add financial strength, business prospects, and industry context to the technical screen.

The evidence is a rule definition and example indicator and Python implementations; it provides no backtest, performance figures, or comparative analysis. Its own risk discussion notes that relying mainly on technical measures can miss company fundamentals and broader market conditions. The suggested fundamental filters are broad rather than operationally defined, and the code example does not establish that its calculations or data fields correctly implement every stated condition. The screen should therefore be treated as a candidate-generation heuristic, not evidence of expected returns.

Key ideas

• The screen requires turnover from 3% to 12%, K below 20, and an upward-sloping 30-day moving average.
• The rules combine trading activity, an indicator threshold, and a trend filter.
• The document proposes adding financial condition, business outlook, and industry alignment.
• It warns that technical filters may select stocks that conflict with broader market conditions.
• No historical performance evidence is supplied.

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