Stock Screening with Daily Range, Trading Activity, and a KDJ Crossover

Summary

This proposed stock screen looks for shares with a daily high-low range above 1%, trading activity above 60 million in the prior day, and a newly formed KDJ golden cross, defined as K moving above D after being below it. The article frames the range and activity filters as ways to find volatile, actively traded shares, while the crossover is intended to flag possible short- to medium-term upward momentum. It provides example indicator and data-screening expressions.

The post does not report a backtest, returns, comparison with a benchmark, or a defined universe and holding period. It cautions that indicator-only selection does not measure company quality and that KDJ crossovers can be unreliable. There is also an ambiguity between the prose, which specifies prior-day turnover, and the example code, which appears to check volume in current data; the article's accompanying description also refers to revenue when discussing the activity filter. These details would need clarification before using the screen in research or trading.

Key ideas

• The screen combines a daily range threshold, a trading activity filter, and a KDJ crossover.
• The crossover condition is K moving above D after being below it.
• The post gives illustrative implementation examples but no measured performance.
• The article notes that indicator-based selection does not evaluate company quality and may produce unreliable signals.
• The prose and examples differ on whether the activity filter uses prior-day or current data.

Tags

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