A-Share Stock Screen Using Turnover and Rising KDJ K Values

Summary

This A-share stock screen first limits candidates to turnover between 3% and 12% and excludes Beijing-listed stocks. It then looks for a rising K value in the KDJ indicator, defined in the formula reference as increases over successive observations. The accompanying discussion presents this as a way to find stocks with improving technical momentum, while noting that KDJ signals do not assure successful investments.

The document offers screening logic and example formula and Python snippets, but no historical test, portfolio results, or evidence that the conditions predict returns. It also cautions that a technical-only screen can miss industry trends and company financial information. Suggested refinements include combining technical conditions with fundamentals and tailoring the screen to industries or market conditions. The Python example’s data handling does not clearly demonstrate the stated turnover filter, so the written selection logic should be checked against any implementation before use.

Key ideas

• The screen requires turnover between 3% and 12% and excludes Beijing-listed A shares.
• It selects stocks whose KDJ K value has risen over successive observations.
• The article treats the rising K value as a technical momentum filter, not a guarantee of returns.
• It recommends combining technical signals with fundamental information and market context.
• The example implementation should be checked to confirm it applies all stated conditions.

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