Short-Term Stock Screening with Turnover, Leaderboard Activity, and Gaps

Summary

This Chinese stock-screening proposal selects shares with turnover between 3% and 12%, prior-day leaderboard activity, current volume above 10,000 lots, and an opening price above the previous close. Its rationale is to find actively traded, market-attended stocks with short-term upward momentum. A formula and Python example add conditions including a minimum intraday price rise and a moving-average check, so the implementation shown is not identical to the headline selection rules.

The post offers no backtest results or measured performance. It warns that the short-term filters omit company fundamentals and may encourage chasing price moves, creating overvaluation risk. It suggests combining the screen with fundamental, industry, policy, and volume-confirmation analysis, and relaxing conditions to reduce indiscriminate momentum chasing. The proposal is an idea for screening, not evidence of a profitable strategy.

Key ideas

• The screen combines a turnover range, prior-day leaderboard appearance, high current volume, and a gap-up open.
• The selection logic targets active stocks with short-term upward momentum.
• The example formulas introduce additional price and moving-average conditions beyond the headline filters.
• The post provides no performance evaluation and identifies fundamental and gap-chasing risks.
• It recommends assessing company, industry, policy, and broader market factors alongside the screen.

Tags

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