On October 9th, the proportion of A-share stocks with a turnover rate below 3% slightly rebounded to 70.08%; the proportion of stocks with a turnover rate above 5% rose slightly to 15.33%, approaching the threshold level again. Overall, the current turnover rate remains sluggish.
--------Note: 1. When the proportion of stocks with a turnover rate below 3% increases, especially near historical highs (dashed line in the chart, representing a reversal trend), it means the market is likely to encounter a temporary low point, making a reversal or rebound more likely. 2. When the proportion of stocks with a turnover rate above 5% remains above the threshold (dashed line in the chart), the market will experience a strong profit-making effect, making the market trend sustainable. During a bull market, this indicator will remain above the threshold, leading to a broad-based market rally; while during a bear market, this indicator is mostly below the threshold, and occasionally exceeding the threshold should be viewed with caution due to the risk of a pullback after a surge.
