Screening Stocks by Turnover, a Fresh KDJ Cross, Volume, and a Gap Up
Summary
This short-term stock screen selects shares with turnover between 3% and 12%, a newly formed KDJ golden cross, current trading volume above 10,000 lots, and an opening price above the prior close. The rationale combines liquidity, a technical trend signal, trading activity, and a strong opening price. The document supplies a formula reference and sample Python screening logic.
No performance results or backtest evidence are provided. The post cautions that the screen emphasizes technical conditions and market sentiment while omitting company fundamentals, which may admit heavily hyped stocks or miss fundamentally attractive ones. It suggests adding valuation, dividend, and earnings-growth measures, as well as adapting the criteria to market themes or stock patterns. The sample code’s turnover calculation uses a historical quantile, so it may not implement the stated current-day turnover condition exactly.
Key ideas
- The screen requires turnover between 3% and 12% and a newly formed KDJ golden cross.
- It also requires volume above 10,000 lots and an opening price above the previous close.
- The selection combines liquidity, trend, activity, and opening strength signals.
- The post provides no performance evidence and warns that fundamentals are omitted.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.