A-Share Screening with Turnover and a Fresh KDJ Golden Cross

Summary

The document describes a technical screen for Chinese A-share stocks. It selects stocks with turnover between 3% and 12%, a newly formed bullish KDJ crossover, and a close at or above the 20-day moving average, with a date condition tied to 2021. The page includes a formula reference and a Python example that retrieves daily stock data, checks indicator and turnover conditions, and excludes certain special-treatment stock labels. The code’s data checks do not map perfectly onto the prose: it uses a turnover quantile condition and checks whether any date falls in 2021, so users should verify the intended point-in-time screen before relying on it.

The article warns that the screen ignores fundamentals, valuation, broad-market direction, and industry effects, and that a conspicuous set of criteria could become crowded. It suggests adding company quality measures and industry selection as possible refinements. No backtest methodology, returns, risk statistics, or evidence of predictive value is supplied, so the screen should be treated as a candidate-generation rule rather than a validated strategy. The stated year-specific condition also makes the example historical rather than a directly current selection rule.

Key ideas

• The proposed screen combines a turnover range, a newly formed KDJ bullish crossover, and a close above the 20-day average.
• The article frames the rule as a technical method for selecting Chinese A-share stocks.
• The sample code includes exclusions for special-treatment stock labels but has conditions that may not exactly match the prose.
• The screen omits fundamentals, valuation, market direction, and industry context.
• The document provides no performance evidence, so predictive value remains unestablished.

Tags

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