A-Share Screen Using RSI, Earnings Growth, and a Sharp Daily Decline

Summary

This A-share screening idea combines a technical condition, a fundamental condition, and a daily price move. It selects stocks with RSI below 65, parent-company net profit growth above 20% and at most 100%, and a daily decline between 4% and 5%. The accompanying examples describe excluding suspended and specially treated shares and show ways to express the filters with market and financial data.

The write-up frames the screen as a search for profitable companies whose shares have pulled back, but provides no backtest, return history, or evidence that the combination predicts a rebound. It notes that the rules omit other company fundamentals and broader market conditions, and that selecting stocks after a steep one-day decline may carry elevated risk. It suggests adding valuation, volume, other indicators, industry context, and market trends. The examples also differ in their treatment of profit growth and price-change units, so implementation would require checking data definitions and scaling before use.

Key ideas

• The screen requires RSI below 65 and parent-company net profit growth above 20% but no greater than 100%.
• It also selects shares with a daily decline between 4% and 5%.
• The article presents the combination as a blend of technical and fundamental screening.
• It warns that the rules omit other financial measures and market conditions.
• The article provides no performance test supporting the screen's expected price direction.

Tags

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