Chinese Stock Screening with Turnover, Rising KDJ and Positive Weekly MACD

Summary

This Chinese stock-screening proposal combines a turnover band with short-term and weekly technical conditions. It selects shares with turnover between 3% and 12%, a rising KDJ K value, and weekly MACD above zero. The article presents the screen in platform formula form and gives a Python-style illustration for applying corresponding data filters. Its rationale is that the rising KDJ condition may capture near-term strength while positive weekly MACD serves as a broader trend filter.

The article warns that relying on the larger trend can admit stocks undergoing short-term pullbacks. It suggests adding other indicators or fundamental and macroeconomic measures, but supplies no backtest, benchmark, or realized return evidence. The implementation example does not establish how weekly data are aligned with turnover and KDJ observations, and the prose also describes the KDJ growth value as bounded below 100. These details should be checked before reproducing the screen.

Key ideas

• The screen restricts candidate stocks to a turnover rate between 3% and 12%.
• It requires the KDJ K value to rise and describes its increase as below 100.
• It uses weekly MACD above zero as a broader trend condition.
• The article identifies pullbacks as a risk of emphasizing the larger trend.
• It provides no performance evidence for the proposed screen.

Tags

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