Screening for Seven-Day Decliners With Turnover and Relative Strength

Summary

This Chinese-market stock screen combines turnover, a positive current-day move, and a long run of declining sessions. It seeks shares with turnover between 3% and 12%, a daily gain above 1% relative to peers in the same sector, and seven consecutive down days. The accompanying discussion frames the setup as a possible rebound or reversal candidate after sustained weakness.

The post includes indicator logic and a Python data-fetching example intended to identify qualifying stocks, while noting exclusions for some share categories. It cautions that a price-and-technical-only screen can misrepresent company quality and that a prolonged decline may signal serious underlying problems. Suggested improvements include adding financial and fundamental filters and checking the decline pattern against the longer-term trend or other indicators. The material defines a selection rule, but supplies no evidence of tested returns or risk-adjusted performance, so it should be treated as a screening idea rather than a validated strategy.

Key ideas

• The screen combines turnover between 3% and 12% with a daily gain above 1% and seven declining sessions.
• The intended premise is that a long losing streak followed by a positive day may identify rebound candidates.
• The post provides indicator logic and a data-fetching example for implementing the screen.
• Price-only selection can overlook company fundamentals and may select stocks with serious underlying risks.
• The screen is presented without performance evidence and should be validated before use.

Tags

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