Chinese Stock Screening with Turnover, Leaderboard Activity, and Weekly Candles

Summary

This Chinese A-share screening proposal combines a daily turnover range of 3%–12%, appearance on the previous day’s trading leaderboard, and a bullish weekly candle. Its rationale is to pair a liquidity or activity filter with a recent market-attention signal and a simple technical condition. The document also gives sample indicator logic that adds moving-average, MACD, and stochastic checks to the weekly price condition.

The article offers no backtest, performance figures, or comparison against a benchmark. It warns that the narrow filters may produce an unstable, limited selection and omit market-wide conditions, company fundamentals, and financial measures. The suggested extra indicators and fundamental filters are possible refinements, not validated improvements; any implementation would need clearly defined data timing and out-of-sample evaluation.

Key ideas

• The screen requires turnover between 3% and 12%, prior-day leaderboard appearance, and a bullish weekly candle.
• The sample implementation supplements the weekly candle filter with moving-average, MACD, and stochastic conditions.
• The author cautions that restrictive criteria can yield a narrow and unstable set of stocks.
• Market conditions and company fundamentals are not included in the core screen.

Tags

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