Screening Stocks by Turnover, KDJ Growth, and Prior Low

Summary

This post proposes screening stocks for turnover rates between 3% and 12%, a rising KDJ K value, and a latest close above the previous day’s low. It provides a formula-style expression and Python reference code intended to return stocks meeting these technical conditions. The stated rationale is to combine trading activity, indicator direction, and a simple price comparison.

The article cautions that the screen relies mainly on technical data and does not account for company fundamentals; the one-day price comparison may have limited predictive power. It suggests adding valuation or other fundamental measures and further technical indicators. There is no backtest or evidence of returns. The implementation descriptions also do not align fully: the prose emphasizes the latest turnover range, while the sample code checks mean turnover over the available records, and the code’s moving-average calculation is not used in its selection conditions. These differences leave important details of the intended screen unresolved.

Key ideas

• The proposed screen combines a turnover range, rising KDJ K values, and a close above the prior low.
• The article provides formula and Python examples but no reported performance test.
• It notes that technical-only screening leaves company fundamentals unexamined.
• The code checks average turnover and calculates a moving average, while the stated logic describes a daily range and does not require that average.
• The post suggests adding fundamental measures or other indicators to refine the screen.

Tags

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