Stock Screening with Turnover, Rising KDJ, and RSI

Summary

This document describes an equity screen that selects stocks with turnover between 3% and 12%, a rising KDJ K line, and a 14-period RSI below 65. The KDJ condition is intended to identify improving price momentum, while the RSI threshold limits selection to stocks that are not already at a high reading. It includes example screening logic and a Python function that checks average turnover and compares the latest KDJ value with the prior observation.

The article suggests adding indicators such as MACD and moving averages, and considering company fundamentals and broader market trends. It gives no backtest, performance data, or evidence that these conditions predict returns. Its explanation characterizes the setup as potentially identifying rebounds, but the indicators alone do not establish that outcome; the examples also differ in how turnover is evaluated.

Key ideas

• The screen requires turnover between 3% and 12%.\nIt selects stocks whose KDJ K value has risen and whose 14-period RSI is below 65.\nThe article proposes combining these signals with other technical indicators and fundamental context.\nNo empirical performance evidence is provided, and the examples use different turnover calculations.

Tags

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