Stock Screening with Turnover, Rising KDJ, and a Low Price Cap

Summary

This note presents a Chinese equity screen requiring turnover between 3% and 12%, a rising KDJ K value, and a closing price below 12 yuan. It includes indicator and Python examples and frames the combination as a way to find actively traded, lower-priced stocks with improving short-term technical momentum. The KDJ condition is expressed as an increase relative to the prior observation; the stated range for the K value is also part of the prose description.

No backtest, sample period, or performance results are reported. The note warns that the screen omits deeper company fundamentals and may perform poorly when the broad market or a stock’s sector is weakening. It suggests adding market, sector, and fundamental information and monitoring sector conditions. The low share-price threshold alone does not establish that a stock is inexpensive or lower risk, and the document does not define how candidates would be entered, exited, or sized.

Key ideas

• The screen requires turnover between 3% and 12%, a rising KDJ K value, and a closing price below 12 yuan.
• The provided examples compare the current KDJ K value with its prior value to identify an increase.
• The note presents the filters as a technical candidate screen and supplies no performance validation.
• It warns that market declines or sector weakness can undermine the selection logic.
• It recommends incorporating market, sector, and fundamental information into the analysis.

Tags

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