Combining Intraday Range, KDJ Crossovers, and Dividend Yield for Stock Screening

Summary

The post proposes a stock screen that combines daily price amplitude above a threshold, a newly formed KDJ crossover, and a dividend ratio above a threshold based on 2019 data. It frames amplitude as a volatility filter, the crossover as a momentum or timing signal, and dividends as a rough company quality indicator. It provides example indicator logic and sample implementations for screening, but reports no backtest results, selected stocks, or risk adjusted performance.

The author notes that the screen omits broader operating and financial risks, that a past dividend does not guarantee durable growth, and that volatile special treatment stocks may pose additional risk. Suggested refinements include valuation, balance sheet measures, dividend history, and growth information, along with regular updates. The examples leave important implementation questions unresolved, including the exact definition and timing of the dividend ratio and consistency between the stated crossover conditions and code. The rules should therefore be treated as a screening idea rather than evidence of a profitable strategy.

Key ideas

• The proposed screen combines price amplitude, a recent KDJ crossover, and a historical dividend ratio.
• The post interprets amplitude as a volatility filter and the KDJ crossover as a possible timing signal.
• Historical dividends alone do not establish a company’s long term prospects or financial safety.
• The examples provide no backtest results, and their dividend calculation and signal timing need clarification.
• The author suggests adding valuation, balance sheet, growth, and dividend history measures.

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