Stock Screening with Turnover, Three Down Days, and Trading Value

Summary

This Chinese-language post describes a daily stock screen combining turnover, recent price direction, prior-day trading value, and limit-up status. It selects stocks with turnover between 3% and 12%, three consecutive declining sessions, and prior-day trading value above 60 million, then ranks candidates and takes the top five that hit the daily limit. The post also provides an example indicator formula and Python workflow for retrieving market data and checking limit prices and rankings.

The author cautions that the screen does not adequately account for company fundamentals or broader technical conditions, and suggests combining additional company metrics with trading value and price changes. No performance results or validation are presented, and the sample code’s data handling may not fully match every stated condition. The method is therefore a screening recipe rather than evidence of a profitable strategy.

Key ideas

• The screen combines turnover between 3% and 12% with three consecutive declining sessions.
• Candidates must have prior-day trading value above 60 million and reach the daily price limit.
• The method selects the top five ranked candidates each day.
• The post recommends adding fundamental and technical measures, but provides no performance validation.

Tags

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