A Chinese Equity Screen Combining Recent Limit-Ups and RSI

Summary

This Chinese equity screening idea selects stocks with RSI below 65, more than two limit-up sessions during the preceding ten days, and no limit-up on the prior day. Its final version adds a closing-price ceiling of 60 yuan and ranks candidates by stock popularity. The underlying rationale is to identify active stocks with recent momentum while avoiding an immediately limit-up entry.

The document acknowledges that limit-up frequency is an incomplete proxy for market interest and that the screen omits company fundamentals and other market conditions. It suggests incorporating capital flows, sector activity, financial measures, and industry context. It provides indicator conditions and a Python-style implementation reference, but reports no historical performance, transaction costs, or robustness analysis; the described popularity ranking and sample data setup may also affect results.

Key ideas

• The screen combines a 14-period RSI threshold with recent limit-up frequency and prior-day price behavior.
• The final selection also caps the share price and orders candidates by a popularity measure.
• Limit-up counts alone may misrepresent market activity and omit fundamental company risks.
• The document offers implementation references but no performance or transaction-cost evidence.

Tags

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