Stock Rebound Screen Using Turnover, Three Down Days, and Rising KDJ

Summary

The proposed stock screen looks for daily turnover between 3% and 12%, three consecutive declining sessions, and an increase in the K value of the KDJ oscillator. The combination is intended to find actively traded stocks that have recently fallen but show a potential short-term momentum turn. The post includes a charting-formula example and a Python outline using historical prices and a stochastic oscillator calculation.

The document does not report a backtest or measured outcomes, so its rebound rationale remains a hypothesis. It notes that KDJ readings can vary across stocks and market conditions, while the rules do not account for industry differences or company fundamentals. The sample code also warrants careful review: its stated consecutive bearish candles are represented with comparisons between successive closing prices, and the formula includes additional conditions whose meaning is not explained in the prose. The author suggests adding broader fundamental data or exploring other selection criteria, but gives no tested optimization.

Key ideas

• The screen combines turnover between 3% and 12% with three consecutive down sessions.
• It requires the K line of KDJ to rise relative to its prior reading.
• The intended setup is a possible rebound after recent weakness in actively traded stocks.
• The post provides no performance evidence, and the examples contain conditions that need clarification.

Tags

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