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A Chinese Stock Screen Using RSI, Beverage Imports, and Weekly Moving Averages

Article SuperMind

Summary

This Chinese-language post outlines an equity selection screen combining three conditions: RSI below 65, membership in the beverage and alcohol import-export industry, and a weekly five-period moving average crossing above the ten-period average. It presents the RSI as a gauge of buying and selling conditions and the moving-average crossover as a possible sign of an upward trend. Its example implementation also filters for non-ST stocks, market capitalization of at least 200 million, and price-to-earnings below 30, then ranks candidates by net money flow.

The post offers no backtest results or evidence that these filters produce returns. It cautions that a technical-only screen can miss fundamentals and that false crossovers may lead to poor selections. It suggests adding indicators and fundamental measures, while accounting for overlap among conditions and changing market conditions. The stated final logic still centers on the three core screen criteria, with revenue stability, valuation, and earnings growth proposed as additional considerations.

Key ideas

  • The core screen combines RSI below 65, a specified industry, and a weekly moving-average crossover.
  • The example implementation adds market-capitalization, listing-status, valuation, and money-flow filters.
  • The post warns that technical screens can overlook fundamentals and generate false crossover signals.
  • It recommends combining factors carefully and adjusting criteria to market conditions.

Tags

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