Screening Stocks for High Range, Moderate Turnover, and Rising Moving Averages

Summary

This Chinese-language post describes a daily stock screen combining three conditions: percentage high-low range of at least 1, turnover above 2% and no more than 9%, and rising, increasingly ordered 5-, 10-, and 20-day moving averages. The moving average conditions require the shorter average to exceed the longer ones and each average to be higher than its prior-day value. The post includes formula and Python-style examples to illustrate screening, though implementation details differ in how turnover is calculated and some referenced data fields are not shown as computed.

The rationale is to combine recent price movement, trading activity, and trend direction. The post offers no historical test, selected-stock results, or evidence that the screen reduces risk or improves returns. It cautions that moving-average behavior varies across stocks and that volatile names carry risk, and it suggests considering additional technical and fundamental measures. The screen is a candidate-generation rule, not a complete entry, exit, or portfolio management strategy.

Key ideas

• The screen requires a daily price range of at least 1% and turnover between above 2% and 9%, inclusive at the upper bound.
• The 5-, 10-, and 20-day moving averages must be ordered from highest to lowest and each must be rising.
• The post presents formula and Python-style examples, but their turnover calculations and data requirements are not fully aligned.
• No backtest or return evidence is provided, and the post cautions that volatility and stock-specific moving-average behavior matter.

Tags

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