Screening Chinese Stocks by Turnover and a Weekly Moving-Average Cross
Summary
This stock-screening idea selects A-shares with turnover between 3% and 12%, excludes Beijing-listed shares, and looks for the weekly closing price to cross above its 30-week moving average. It presents the rule as a way to identify stocks entering an upward price trend. The article includes a formula reference and a Python example that retrieves weekly prices and compares the latest close with a moving-average field.
No backtest, return data, or comparison with a benchmark is provided. The article cautions that a technical-only screen omits company fundamentals and industry conditions, and may encourage chasing rising prices. It suggests adding fundamental and other technical filters, but does not specify or evaluate them. The example code and formula also merit careful review before use, since the formula’s moving-average expression appears to compare price with volume rather than a price average.
Key ideas
- The screen limits candidates to stocks with turnover between 3% and 12% and excludes Beijing-listed shares.
- It seeks a weekly close moving above the 30-week average as a trend signal.
- The article provides formula and Python examples but no performance results.
- Technical-only selection can omit valuation, company fundamentals, and industry context.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.