A-Share Screen Using Turnover, a KDJ Golden Cross, and Limit-Up Exclusion

Summary

This A-share stock screen combines a turnover-rate band of 3% to 12% with a newly formed KDJ golden cross, while excluding stocks that hit the daily upper price limit on the previous day. The stated rationale is to seek liquid, technically active stocks without immediately chasing a prior limit-up move. The document includes example indicator logic and Python-style selection steps, but the examples may not implement the conditions consistently: one uses a turnover quantile, and its KDJ comparison alone does not establish a fresh crossover.

The author cautions that short-term price signals do not assess company fundamentals or future market conditions. The suggested refinement is to consider financial reports, industry trends, and policy factors alongside the technical screen. No backtest, performance data, or evidence of predictive advantage is provided, so the rules should be treated as a screening idea rather than a validated strategy.

Key ideas

• The screen restricts turnover to a stated range and looks for a newly formed KDJ golden cross.
• It excludes stocks that reached the daily upper price limit on the prior day.
• The supplied code examples do not clearly implement every stated condition in the same way.
• The document recommends adding fundamental and industry analysis but provides no performance evidence.

Tags

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