Small-Cap A-Share Screening with Turnover and Indicator Signals
Summary
The proposed stock screen targets A-share companies with turnover between 3% and 12%, market capitalization below 10 billion yuan, and no reported losses. It then seeks stocks showing simultaneous bullish signals from three technical indicators, with MACD, KDJ, and RSI given as examples. The article presents this as a way to combine liquidity and size filters with technical timing, and includes sample screening logic and code references.
The document acknowledges that this approach focuses on technical conditions and does not adequately account for company fundamentals, broad market conditions, or policy and economic factors. It recommends combining technical signals with business and market analysis. The examples do not provide a backtest, performance evidence, or a precise and consistent definition of all three indicator crossovers; parts of the sample logic also appear inconsistent with the stated signals. The screen should therefore be treated as a proposal requiring validation, rather than an established profitable strategy.
Key ideas
- The screen filters A-share stocks by turnover, market capitalization, and whether the company has losses.
- It seeks simultaneous bullish signals from MACD, KDJ, and RSI.
- The article warns that technical signals alone omit fundamental and broad-market risks.
- It recommends adding company and market factors to the selection process.
- No backtest evidence is provided, and the sample logic does not fully clarify the signal definitions.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.