Stock Screening by Turnover, Float Value, and a KDJ Upswing

Summary

This stock-selection rule looks for shares with turnover between 3% and 12%, circulating market value between 5 billion and 10 billion yuan, and a newly rising KDJ reading. The article frames turnover as a measure of trading activity, float value as a size filter, and KDJ as a technical signal. It provides a formula reference and sample Python logic for screening stocks that meet the stated conditions.

The post offers no historical test, return series, or comparison with alternative screens. It acknowledges that reliance on technical signals can overlook company fundamentals and notes that KDJ has limits. The formula and code descriptions are not fully consistent: the formula refers to a crossover, while the Python example checks a rise in the indicator. The indicator definition and crossover condition should therefore be verified before implementation, and the screen alone should not be treated as evidence of investment merit.

Key ideas

• The screen combines turnover between 3% and 12% with circulating market value between 5 billion and 10 billion yuan.
• It selects stocks whose KDJ indicator has just turned upward or crossed according to the stated rule.
• The article recommends considering fundamental measures alongside technical conditions.
• No backtest or performance evidence is provided.
• The formula and sample code describe the KDJ trigger differently, so the intended condition needs verification.

Tags

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