Screening Main-Board Stocks by Turnover, Float Value, and 5-Day Average

Summary

This stock-selection rule screens main-board shares for turnover between 3% and 12%, circulating market value between 5 billion and 10 billion yuan, and a closing price above its five-day moving average. The document provides both a formula-style expression and a Python example that applies the conditions to each stock's latest available observation. It characterizes the moving-average condition as a way to select stocks with recent upward price behavior.

The discussion warns that the screen relies on a narrow set of market and technical variables and omits other influences. It suggests adding indicators such as RSI or MACD, fundamental measures, and exit thresholds for take-profit and stop-loss. No backtest results or evidence of profitability are reported, and the proposed additions are suggestions rather than tested improvements.

Key ideas

• The screen requires turnover between 3% and 12% and circulating market value between 5 billion and 10 billion yuan.
• It selects stocks whose latest closing price is above the five-day moving average.
• The examples apply the conditions to the latest observation for each stock.
• The source warns that the rule omits other market and fundamental influences.
• It suggests additional indicators and exit thresholds but provides no test results.

Tags

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