A-Share Momentum Screen with RSI and Mid-Cap Range
Summary
This A-share screening rule combines three conditions: RSI below 65, tradable market capitalization between 5 and 10 billion yuan, and a ten-day price gain above zero but below 35 percent. The accompanying Python example calculates a 14-period RSI and ten-day percentage change, applies the capitalization and indicator filters, and selects up to five names ordered by reported percentage change when enough candidates qualify.
The post frames RSI and recent gains as measures of technical condition and market interest, but provides no backtest or evidence that the screen is profitable. It cautions that the approach may chase popular stocks while overlooking fundamentals, industry prospects, and governance, and notes that RSI and recent returns do not capture the full market picture. It recommends broader evaluation, but does not specify a tested extension or portfolio risk controls.
Key ideas
- The screen requires RSI below 65 and a positive ten-day gain under 35 percent.
- It restricts candidates to a stated mid-cap capitalization band and ranks selected names by percentage change.
- The post warns that the technical filters may encourage chasing and omit fundamental or governance factors.
- No backtest or performance evidence is provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.