A-Share Screen Combining RSI, Profit Growth, and Positive MACD

Summary

This short-term A-share screen combines three conditions: RSI below 65, parent-attributable net profit growth above 20% and no more than 100%, and a positive daily MACD reading. The document presents RSI as a way to find stocks that may have rebound potential, positive MACD as an indication of an upward trend, and profit growth as a fundamental quality filter. It includes sample database formulas and Python screening code, along with filters for suspensions and ST-designated stocks.

The article cautions that short-term focus can overlook a company’s financial condition and longer-term prospects, and that a MACD requirement may omit stocks with potential. It recommends combining additional fundamentals and technical measures, but provides no backtest, performance record, or evidence that the screen improves returns. The SQL-like example also includes a separate KDJ condition, while the stated rule emphasizes RSI, profit growth, and MACD, so the implementation examples are not fully consistent.

Key ideas

• The screen requires RSI below 65 and positive daily MACD.
• It filters for parent-attributable net profit growth above 20% and up to 100%.
• The proposed logic combines technical conditions with a fundamental growth measure.
• The article identifies risks from short-term focus and omitted stocks, but reports no performance evidence.
• Example implementations include conditions that differ from the stated screen.

Tags

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