Weekly Moving Average Breakout Stock Screen with Turnover Filters

Summary

This Chinese-language post describes an equity screening rule built around three conditions: price range above a threshold, turnover between specified bounds, and a weekly close crossing above its 30-week moving average. The stated rationale is to combine movement and trading activity with a trend filter, aiming to identify stocks showing strength while filtering out some weak rebounds. It also suggests adding volume or capital-flow measures and treating the moving-average condition as adjustable.

The post provides indicator-formula and Python examples, but the implementation details do not fully align: the sample code’s range and turnover calculations differ from the stated screening conditions, and the crossover test should be checked against the intended weekly series and timing. No backtest results, benchmark, transaction costs, or risk-adjusted performance are supplied. The author cautions that a trend-only filter can misclassify stocks and can encourage excessive buying after consecutive gains, so the rule is best understood as a proposed screen rather than a validated strategy.

Key ideas

• The screen combines a minimum price-range condition with a bounded turnover filter.
• It selects for a weekly close crossing above the 30-week moving average.
• The post proposes volume and capital-flow indicators as possible additions to the screen.
• The provided examples contain differences from the written conditions and merit implementation checks.
• No performance evidence or transaction-cost analysis is presented.

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