Screening Stocks for High Amplitude, Two-Day Highs, and KDJ Crossovers

Summary

The document outlines a technical stock screen requiring price amplitude above 1%, a high equal to the highest high over two days, and a newly formed KDJ golden cross. It presents these conditions as a way to find stocks with active price movement, recent highs, and a possible upward turn. Formula and Python-style examples illustrate the conditions, while noting that implementation details depend on the platform.

The article warns that a KDJ crossover may signal only a short-lived rebound and that technical indicators can be unreliable during sharp market changes. It proposes considering additional technical, fundamental, and sentiment inputs, but does not define those additions in a reproducible way. No backtest, trading rules, or return evidence is provided, so the screen’s potential is asserted rather than demonstrated.

Key ideas

• The screen requires amplitude above 1% and a two-day highest high.
• It also requires a newly formed bullish KDJ crossover.
• The article describes the signal as a possible upward move, not a guarantee of continuation.
• It warns that technical-only screening may fail in rapidly changing markets.
• No backtest or performance evidence is presented.

Tags

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