A-Share Screening with Turnover, KDJ Crossovers, and Prior Lows

Summary

This note describes an A-share stock screen combining turnover between 3% and 12%, a newly formed KDJ golden cross, and a close above the previous session’s low. The rationale is to favor stocks with active trading, a bullish indicator crossover, and a price holding above a recent reference low. It includes formula and Python examples for applying the conditions, though the examples differ in how they represent the KDJ signal and turnover filter.

The author says the screen omits company fundamentals and cautions that a close above the prior low does not fully capture a stock’s relative position, especially in fast-moving markets. Suggested extensions include fundamental, sentiment, institutional holding, and capital-flow measures, as well as other technical indicators and signals across multiple timeframes. No backtest, performance statistics, or evidence of predictive effectiveness is provided, so the criteria are best understood as a screening hypothesis rather than a validated trading strategy.

Key ideas

• The screen requires turnover between 3% and 12%.\nIt selects stocks with a newly formed KDJ golden cross.\nThe latest close must be above the previous session’s low.\nThe note identifies missing fundamental analysis and limited price context as risks.\nIt suggests adding other data and checking signals across multiple timeframes.

Tags

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