Screening Chinese Stocks for Seven Down Days, Moderate Turnover, and Low Price

Summary

This Chinese-language post describes a stock-selection screen requiring turnover between 3% and 12%, seven consecutive declining sessions, and a closing price below 12 yuan. It explains the idea as a way to find lower-priced stocks with moderate turnover after a sustained decline. The post includes example formula logic and Python-like code intended to identify securities meeting these conditions using recent closing prices and turnover data.

No backtest, return series, or other empirical evidence is provided, so the screen’s effectiveness is unknown. The post itself highlights risks associated with low-priced shares, including delisting and liquidity concerns, and notes that a prolonged decline may be followed by a quick rebound. It recommends rapid stop-loss decisions and careful risk controls, and suggests adding fundamental or technical filters. The listed criteria alone do not establish suitability or profitability.

Key ideas

• The screen selects stocks with turnover between 3% and 12% and a price below 12 yuan.
• It also requires seven consecutive sessions of falling prices.
• The post provides example logic for expressing the screen in trading formulas and Python.
• No backtest or performance evidence is supplied.
• The source warns of liquidity, delisting, and rebound risks in the selected stocks.

Tags

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