A-Share Screen Combining RSI, Profit Growth, and Daily Gains
Summary
This A-share screening idea combines a 14-period RSI below 65 with year-over-year growth in parent-company net profit above 20% and no more than 100%. It also requires a daily gain above 1% and focuses on main-board stocks. The intended combination is a technical condition, a profitability-growth measure, and a short-term price move; the article characterizes the candidates as having possible downside potential.
The document provides SQL-like and Python examples, but it reports no backtest, performance results, or evidence that the conditions predict declines. It also identifies important omissions, including longer-term company and industry trends, policy context, and the possibility that a one-day gain is temporary. The proposed refinements include valuation and industry measures plus stop-loss and take-profit controls. The screen should therefore be treated as a rule specification to evaluate, rather than a validated trading strategy; the examples also differ in how they operationalize profit growth and price conditions.
Key ideas
- The screen requires RSI below 65 and parent-company net profit growth above 20% through 100%.
- It also selects main-board stocks with a daily price gain above 1%.
- The article frames the combination as a way to find stocks with potential downside, but supplies no performance evidence.
- Long-term trends, industry conditions, and other company fundamentals are not included.
- The suggested extensions include valuation measures and explicit risk controls.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.