A Stock Screen Combining Daily Range, KDJ Cross, and Rising 30-Day Average

Summary

This stock-selection approach combines three technical conditions: a daily high-low range above one percent, a newly formed KDJ bullish crossover, and an upward-sloping 30-day moving average. The article proposes using stocks that meet all three conditions as a portfolio. It supplies example formulas for a charting platform and Python code that retrieves daily Chinese stock data and applies the screen.

The explanation treats larger ranges as a sign of potential opportunity, the crossover as a possible improvement in momentum, and the rising average as evidence of an upward trend. These are rationales rather than demonstrated findings; the article gives no backtest results or portfolio construction details. It cautions that technical indicators may lag, volatile stocks can fall further, and the screen omits company fundamentals. It suggests incorporating fundamental and market context, while offering no tested method for weighting additional signals.

Key ideas

• The screen requires a daily range above one percent, a fresh KDJ crossover, and a rising 30-day moving average.
• The article provides example implementations in a charting formula and Python.
• The proposed explanations for the signals are not supported by reported performance tests.
• The method omits fundamentals and carries risks from lagging indicators and volatile stocks.

Tags

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