A-Share Stock Screen Using Turnover, a KDJ Golden Cross, and RSI

Summary

This A-share screening idea combines a turnover filter with a newly formed KDJ golden cross and an RSI ceiling. Its stated rationale is to exclude shares with very low or unusually high activity, look for a possible trend turning point, and avoid stocks considered overbought by the chosen RSI threshold. The document also gives a formula-style condition and a Python example that loops over listed stocks using historical data.

The author cautions that the screen omits long-term fundamentals and financial factors, and that technical indicators can be limited or noisy. The code example uses turnover data summaries and compares recent KDJ and RSI readings, so its implementation may not precisely match the written requirement for a newly formed cross. No backtest results, execution rules, or risk-adjusted performance are presented. The screen is therefore a candidate filter, not evidence of a profitable trading strategy.

Key ideas

• The screen selects stocks with turnover inside a specified band and a KDJ golden cross.
• It adds an RSI ceiling to avoid stocks the author considers overbought.
• The accompanying example uses historical market data to evaluate candidate stocks.
• The screen does not incorporate long-term fundamentals and may be affected by indicator noise.
• No backtest or performance evidence is provided.

Tags

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