A-Share Screen Combining RSI, Seven Down Sessions, and Revenue Growth

Summary

This A-share screening idea pairs an RSI below 65 with seven consecutive sessions in which the close is below the open, plus a revenue comparison requiring 2021 revenue to exceed 2018 revenue by more than 10%. The article frames RSI as a check against overbought conditions, the run of down sessions as a sign of weakness, and the revenue comparison as a basic long-term growth filter. It also discusses broadening the fundamental review and combining more technical indicators.

The page provides indicator formulas and sample code, but its explanation and implementation conflict: the code’s seven-session condition rejects stocks when all seven closes are at or below the opens, while the prose says to select them. The code also does not consistently match the revenue-growth claim. No backtest or return evidence is provided, and the older revenue comparison and limited fundamental analysis are acknowledged weaknesses.

Key ideas

• The proposed screen combines RSI, a seven-session down pattern, and revenue growth between two years.
• The document suggests adding broader fundamental and technical checks.
• The sample code conflicts with the stated seven-session selection condition.
• The revenue comparison and its code implementation are not fully aligned.
• No backtest evidence or portfolio rules are provided.

Tags

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