A Low-Price Stock Screen Using Turnover and a Fresh KDJ Golden Cross

Summary

This stock-selection screen combines a turnover range of 3%–12%, a recent KDJ golden cross, and a share price below 12. It is presented as a way to focus on liquid, potentially rising lower-priced shares. The article includes a formula reference and a Python example that retrieves A-share data, checks turnover and price conditions, and ranks qualifying names by closing price.

The accompanying explanation warns that the screen omits company fundamentals and industry risks, and that KDJ signals can produce false crosses. It suggests adding financial measures and other technical or trading activity indicators, alongside stop-loss rules or position adjustments. No backtest, return series, benchmark, or transaction-cost analysis is provided, so the screen's profitability and the interpretation of its signals remain unverified. The code example's turnover quantile and KDJ comparison are implementation details that may not fully match the stated fresh-cross condition.

Key ideas

• The screen requires turnover between 3% and 12%, a recent KDJ golden cross, and a closing price below 12.
• The article frames turnover as a liquidity filter and KDJ as a trend signal.
• Its example scans A-share data and sorts selected stocks by closing price.
• The author warns that the rules omit fundamentals and industry risks and may accept false KDJ signals.
• No performance test or evidence of profitability is reported.

Tags

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