A-Share Screen Using Turnover and a Fresh KDJ Crossover

Summary

This article describes an A-share stock screen that selects shares with turnover between 3% and 12%, a newly formed KDJ golden cross, and an exclusion for specified board categories. The proposed rationale is to combine a turnover range as a measure of activity with a technical signal intended to identify upward movement, while filtering out certain listings. It also includes example formula and data-query logic for applying the screen.

The article offers no performance results or validation for the selection rule. It cautions that the screen focuses on activity and technical factors, may overlook company fundamentals, and may not react promptly when price direction changes. Suggested additions include valuation measures and market sentiment analysis, but these are proposals rather than tested improvements. The screen is therefore a rule description, not evidence that the selected shares will rise or that the rules produce reliable returns.

Key ideas

• The screen requires turnover between 3% and 12% and a newly formed KDJ golden cross.
• It excludes stocks assigned to the specified board categories.
• The article presents turnover as an activity filter and KDJ as a technical trend cue.
• It warns that the rules omit fundamentals and may respond slowly to changing price action.
• No backtest performance evidence is supplied in the article.

Tags

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