Stock Screening with Turnover, Recent Limit-Ups, and a Lower Low

Summary

This stock-selection rule looks for shares with turnover between 3% and 12%, at least one limit-up move within the previous 25 days, and a current low below the prior day’s low. The accompanying explanation interprets the turnover band as a way to find actively traded names, the recent limit-up as evidence of strong prior price action, and the lower low as a pullback that might precede a rebound.

The article also gives example indicator and data-screening implementations. Those examples should be treated cautiously: the code’s turnover and lookback calculations do not clearly match the stated rule, and implementation details may affect which securities qualify. The source offers no backtest, performance evidence, or systematic entry and exit rules. It warns that previously limit-up stocks may be prone to speculative excess and that price action alone omits fundamental assessment; it suggests adding valuation and balance-sheet measures and using stop-loss and profit-taking controls.

Key ideas

• The screen combines a 3%–12% turnover range with a limit-up occurrence in the prior 25 days.
• It requires the current session’s low to be below the previous session’s low.
• The proposed interpretation is that active trading and prior strength may coexist with a short-term pullback.
• The article reports no backtest results and gives no complete entry or exit framework.
• The example code may not implement the stated turnover and lookback conditions consistently.

Tags

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