A-Share Screen for Low RSI, Seven Down Sessions, and 60-Prefix Codes

Summary

This Chinese A-share stock screen selects securities whose codes begin with 60, whose RSI is below 65, and whose prices have formed seven consecutive down sessions. The combination uses a moderate RSI ceiling, recent downward price action, and a code-prefix universe restriction. The document describes the rules in prose and gives a Python outline that obtains stock, index, and historical quote data before checking candidate conditions.

The screen is a technical filter, not a tested strategy: it reports no returns, benchmark comparison, or evidence that the setup predicts a rebound or continued weakness. Its discussion recognizes that chart-based criteria omit company fundamentals and that limiting the universe by code may miss opportunities elsewhere. The sample code and explanatory claims should be reviewed before use, including data definitions and whether the historical conditions are evaluated consistently. The document suggests adding valuation or earnings measures and price-volume analysis, then reviewing the screen as market conditions change.

Key ideas

• The screen requires RSI below 65, seven consecutive down sessions, and a stock code beginning with 60.
• Its Python outline uses market data to filter securities against those conditions.
• The document provides no backtest or evidence that the pattern forecasts future returns.
• Technical-only selection and the restricted code universe create coverage and fundamental-analysis limitations.

Tags

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