Screening Main-Board Stocks by Turnover, Daily Gains, and Weekly Trend

Summary

This Chinese stock-screening example selects main-board shares with turnover between 3% and 12%, a daily gain above 1%, and a positive weekly candle. It presents the weekly signal as a way to add a longer-term trend condition to daily activity filters. The accompanying examples refer to trading status, limit-up status, index membership, and weekly color, though these code snippets do not consistently implement the stated selection rules.

The document offers no backtest, performance data, or empirical support for the screen. It cautions that the conditions omit company fundamentals and remain exposed to market fluctuations, and suggests adding industry and fundamental measures or adapting the rules as conditions change. The strategy should therefore be read as a basic screening idea rather than evidence of profitability; the exact definitions and implementation of its weekly signal also need clarification.

Key ideas

• The screen combines a 3%–12% turnover range with a daily gain above 1%.
• It limits candidates to main-board stocks and requires a positive weekly candle.
• The weekly condition is intended to add a longer-horizon trend check.
• The document notes that the screen omits company fundamentals and can be affected by market conditions.
• The provided code examples do not fully align with the stated screening criteria.

Tags

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