A-Share Screen Using Turnover, a KDJ Golden Cross, and a Weekly Trend Break

Summary

This note presents a Chinese equity screening rule that combines turnover between 3% and 12%, a newly formed KDJ golden cross, and a weekly price move above the 30-week moving average. It frames turnover as a liquidity filter, the KDJ signal as evidence of improving short-term momentum, and the weekly average crossover as confirmation of a longer-term trend. The document includes formula references and a sample implementation outline, though the code’s data fields and conditions may not precisely match the stated rule.

The strategy discussion acknowledges that it omits company fundamentals and suggests adding financial, industry, sentiment, institutional ownership, or capital-flow information. It also mentions possible additional technical and market-cap filters. No backtest results or evidence of predictive performance are included, so the screen should be understood as a candidate-selection idea, not a validated trading strategy.

Key ideas

• The screen constrains turnover to the stated 3%–12% range.
• A newly formed KDJ golden cross is used as a short-term signal.
• A weekly move above the 30-week average is intended to reflect a longer-term uptrend.
• The author notes that fundamentals and broader market factors are absent.
• The note provides no evidence that the combined signals produce profitable results.

Tags

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