Chinese Stock Screening with Turnover, Moving-Average Proximity, and Recent Limit-Ups

Summary

This Chinese stock screen selects shares with turnover between 3% and 12%, an opening price within 5% of the 10-day average close, and at least one limit-up event during the previous 25 days. The article supplies a formula reference and a Python example that applies these conditions to historical market data. Together, the rules target active stocks trading near a short-term average that have recently drawn strong price attention.

The source describes the screen as a short-term opportunity filter, but reports no backtest, returns, benchmark, or trading-cost assumptions. It cautions that the method relies on past price and turnover data, may respond slowly to major market, news, or policy changes, and does not assess company fundamentals. It proposes adding indicators such as moving-average direction or MACD, along with financial and industry information. The stated conditions therefore define a screening hypothesis; they do not demonstrate future performance or long-term investment quality.

Key ideas

• The screen requires turnover in a specified range and an opening price near the 10-day average close.
• It also requires a limit-up event within the previous 25 days.
• The article provides formula and Python examples but no performance results.
• It flags reliance on historical market data and the lack of fundamental analysis.

Tags

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