A-Share Screen Combining Turnover, KDJ Crossovers, and Recent Price Surges

Summary

This post proposes screening Chinese equities for turnover between 3% and 12%, a newly formed KDJ bullish crossover, and at least one daily gain of 10% or more during the prior 25 trading sessions. It frames turnover as a measure of trading activity, the crossover as a technical entry signal, and the large up day as evidence of recent market strength. The post includes example indicator logic and code intended to illustrate the screen.

The document offers no backtest, return series, or comparison against a benchmark, so it does not establish that the conditions are profitable. It warns that stocks with recent sharp gains can reverse, and that relying on a narrow set of technical criteria may omit fundamental and other market information. It suggests adding indicators such as MACD or RSI and incorporating company and industry factors, but does not test those refinements. The example code's implementation may not exactly match the stated screening rules, so users should verify the indicator calculations and data before relying on it.

Key ideas

• The screen combines a turnover band, a fresh KDJ bullish crossover, and a recent large daily gain.
• The recent surge condition selects for short-term price strength but may also expose the screen to sharp reversals.
• The post provides example logic and code, but no backtest evidence of profitability.
• Fundamental and industry information could complement the technical conditions, though the proposed additions are not evaluated.

Tags

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