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

Summary

This stock-screening method combines a turnover range of 3% to 12% with exclusion of Beijing-listed A-shares and a newly formed KDJ golden cross. The cross is defined as the K line moving above the D line after being below it, using a nine-period price range and smoothed indicator values. The document also includes a sample implementation that attempts to screen securities and check recent KDJ values.

The rationale is that active turnover may indicate investor interest, while a fresh cross may signal improving short-term momentum. The article provides no backtest results or performance evidence. It warns that KDJ can lag and that relying on one indicator can miss other influences on a stock. It suggests cross-checking with indicators such as MACD or RSI and considering broader factors. The provided example code and data calls may not faithfully implement the stated screen, so the described conditions should be verified before use.

Key ideas

• The screen combines turnover between 3% and 12% with exclusion of Beijing A-shares.
• A qualifying KDJ signal occurs when K crosses above D after being below it.
• The article presents the signal as a possible short-term bullish indicator, not as demonstrated evidence of returns.
• KDJ can lag, and a single-indicator screen may overlook other market influences.
• Additional indicators and broader analysis are suggested as possible checks.

Tags

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