Stock Screening with Amplitude, Price Above the 5-Day Average, and Rising KDJ

Summary

This stock screen looks for amplitude of at least 1, a closing price above its 5-day moving average, and a positive one-period change in the KDJ indicator’s K line. The post interprets amplitude as a sign of price movement, the moving-average condition as relative price strength, and rising K as evidence of upward momentum. It includes illustrative indicator and data-handling examples for combining the filters.

The post offers no performance results or empirical evidence that these conditions identify stocks with lasting growth potential. It acknowledges that the screen omits company fundamentals and uses simple technical thresholds, so it may select stocks with only temporary strength. Suggested refinements include adding other technical indicators and measures of profitability or financial health. The sample implementations also do not fully spell out a consistent universe-wide calculation, so practical use would require careful definition of the data, amplitude units, and signal timing.

Key ideas

• The screen requires amplitude of at least 1, price above its 5-day moving average, and a rising KDJ K line.
• The K-line filter measures a one-period increase in the indicator.
• The post identifies missing fundamental analysis as a limitation.
• No backtest or return evidence is provided, and implementation details need clarification.

Tags

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