Combining Turnover, KDJ Signals, and Revenue Growth in Stock Screening

Summary

This stock-screening proposal ranks shares by capital activity, looks for a newly formed KDJ golden cross, and requires 2021 revenue to exceed 2018 revenue by a stated ratio threshold. It presents turnover and trading volume as proxies for investor attention, the KDJ crossover as a short-term upward signal, and revenue expansion as a fundamental filter. The article also suggests adding indicators such as Bollinger Bands, MACD, ROE, or ROIC to refine the screen.

The rationale is qualitative: high attention may indicate popularity, a golden cross may signal near-term strength, and growing revenue may reflect business expansion. The document provides no backtest, return figures, or evidence that these signals predict performance. It cautions that attention does not determine price direction, technical crossovers can fail, and revenue growth alone does not establish profitability or financial health. The title references a ratio above one, while the body specifies a threshold above 1.1, so the exact screen is not fully consistent.

Key ideas

• The screen ranks stocks by a measure of capital activity based on turnover and trading volume.
• A newly formed KDJ golden cross is used as a short-term bullish signal.
• The fundamental filter compares 2021 revenue with 2018 revenue, though the title and body state different thresholds.
• The author suggests supplementing the screen with other technical and financial measures.
• The document offers rationale and caveats but no performance testing.

Tags

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