Screening for High Daily Range, a Fresh KDJ Cross, and a Rounded Turn

Summary

This stock screen selects shares with an intraday high-low range greater than 1%, a newly formed KDJ golden cross, and a price pattern characterized as arc-shaped. The article interprets the range condition as evidence of volatility, the KDJ cross as a possible shift toward stronger sentiment, and the rounded pattern as a possible recovery from a prolonged bottoming phase. It includes example formulas and Python logic intended to combine these conditions into a candidate list.

The document presents no historical test, measured hit rate, or return evidence for the combination. It acknowledges that identifying an arc-shaped pattern is subjective and that technical and price-based signals do not account for company operations or financial condition. It suggests adding other indicators and fundamental analysis, and assessing both medium- and long-term price behavior. The screen is best understood as a way to generate candidates, with its pattern interpretation and predictive value requiring independent validation.

Key ideas

• The screen combines an intraday range above 1%, a newly formed KDJ golden cross, and an arc-shaped price pattern.
• The article interprets the KDJ cross as a possible improvement in market sentiment.
• It treats the rounded pattern as a potential recovery after a prolonged base.
• The document warns that judging the shape of a price trend can be subjective.
• Fundamental information and broader trend analysis are absent from the basic screen.

Tags

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