Mainland China Stock Screen Using Turnover, Daily Gains, and Weekly MA Cross

Summary

This stock-selection method screens mainland Chinese main-board shares, excluding special-treatment stocks, for turnover between 3% and 12% and a daily gain above 1%. It then requires a weekly bullish crossover of the 5-period moving average over the 10-period moving average. The article frames turnover and daily price strength as activity and momentum filters, with the moving-average crossover as a trend confirmation. It also includes a code example and describes required market-data fields, but reports no backtest or performance evidence.

The author cautions that the approach uses a short selection window and omits company fundamentals; relying on few technical measures can also miss candidates or select poor ones. Suggested improvements include adding technical indicators and fundamental data. The screening rules alone do not define portfolio sizing, trade execution, holding periods, or exit rules, so they are not a complete trading system and their results would need independent evaluation.

Key ideas

• The screen selects main-board shares while excluding special-treatment stocks.
• Candidates must meet the stated turnover and daily price-gain filters.
• A weekly crossover of the 5-period moving average above the 10-period average supplies trend confirmation.
• The document provides no backtest or evidence of returns from the screen.
• It identifies missing fundamentals and limited indicators as weaknesses, while leaving sizing and exits unspecified.

Tags

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