A-Share Screen for Low RSI and Consecutive Down Days

Summary

This A-share stock screen combines a 14-period RSI below 65 with three and seven consecutive bearish sessions, aiming to identify stocks showing short-term weakness. The article presents the setup as a way to find potentially cheap small-cap stocks after sharp declines. It also gives example screening logic, though parts of the accompanying formulas appear to use close-above-open conditions, which conflict with the stated bearish-candle rule.

The article reports no backtest, returns, or comparison group, so it offers a screening hypothesis rather than evidence of an effective strategy. It warns that the rules rely only on technical data and can misread a developing bottom or rebound. The author suggests adding other indicators and considering company fundamentals and market conditions, but does not specify thresholds, ranking rules beyond an example sort, or an exit and risk-management plan.

Key ideas

• The screen requires RSI below 65 and bearish candles across both three-session and seven-session windows.
• The stated aim is to find short-term weak stocks that may be candidates for bottom fishing.
• Some example formula conditions conflict with the article's description of consecutive down days.
• The article provides no performance evidence and recommends adding fundamental and technical checks.

Tags

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