A-Share Screen Using Turnover, Rising KDJ, and Price Range

Summary

This A-share screening idea selects stocks with turnover between 3% and 12%, a rising KDJ K value, and a price range greater than one percent. The author interprets an increase in K as improving short-term price momentum and uses the range threshold to focus on shares with noticeable movement. The document includes a formula reference and a Python example, although the examples express the conditions somewhat differently, including differences in how turnover and price range are aggregated.

The method is based on technical indicators and does not assess company fundamentals or industry conditions. The author suggests combining it with other indicators, such as MACD or RSI, and checking fundamentals and broader market trends. No historical performance statistics or backtest results are presented, so the proposed screen should be treated as a screening hypothesis rather than demonstrated evidence of predictive value.

Key ideas

• The selection criteria combine turnover of 3% to 12%, rising KDJ K, and range above one percent.
• A rising KDJ K reading is treated as a sign of improving short-term momentum.
• The examples use technical screening rules but differ in some calculation details.
• The document recommends broader market and fundamental context and provides no performance validation.

Tags

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