Screening Shanghai-Listed Stocks for Turnover and Rising Bottoms

Summary

The article proposes screening mainland Chinese stocks whose codes begin with 60, whose turnover rate falls between 3% and 12%, and whose 20-period moving average forms a low that is rising relative to earlier observations. It interprets the rising bottom as a possible sign that a decline is ending and prices may be beginning to recover. The article supplies a stock-selection formula and a Python example that fetches market data, applies related turnover and moving-average conditions, then sorts selected stocks by price change over the sample period.

This is a screening concept, not evidence of a validated strategy. The article reports no systematic backtest or risk-adjusted performance, and the example’s brief historical window cannot establish robustness. It also notes that the screen omits company fundamentals and broader market conditions, both of which may affect outcomes. The turnover, code-prefix, and price-pattern filters should therefore be treated as initial selection criteria requiring further analysis.

Key ideas

• The screen combines a turnover range with a stock-code prefix and a rising-bottom pattern.
• A 20-period moving average is used to represent the price pattern.
• The article provides formula and Python examples for filtering stocks.
• The screen omits fundamental and broad-market analysis and has no reported robust performance evidence.

Tags

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