A Chinese Stock Screen Using RSI, Large-Order Flow, and Price
Summary
This proposed Chinese equity screen combines an RSI ceiling, a relationship between percentage price change and net large-order volume, and a share price below 12 yuan. The stated rationale is to filter for stocks with a favorable technical condition while keeping the share price below the chosen threshold. The document also gives a brief RSI definition and a sample implementation concept using market data.
The post does not present a backtest, trade records, or evidence that the filters improve returns. It warns that a low share price can coincide with weak company fundamentals and that technical signals can be affected by changing market conditions. It suggests adding industry, financial, and management analysis and using risk controls such as stop losses. The large-order and price-change condition is not fully specified in the prose, so the screen would need precise definitions and validation before it could be evaluated or used.
Key ideas
- The screen combines an RSI threshold with price change and net large-order volume.
- It excludes stocks priced at or above the stated 12-yuan cutoff.
- The document offers a rationale for the filters but provides no performance test.
- Low share price does not establish business quality, and technical conditions can fail.
- Further fundamental analysis and explicit risk controls are suggested.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.