A-Share Screen Using RSI, Moving Averages, and Opening Gains

Summary

This A-share screening rule combines three conditions: a 14-period RSI below 65, upward separation of the day’s moving averages, and a gain below 6% at 9:25. The article presents the time-based price filter as a way to exclude stocks with large early moves, while the RSI and moving-average conditions seek moderate momentum. Its example code also ranks selected stocks by tradable market capitalization and limits the returned list.

The article warns that technical indicators alone do not capture a company’s value or full risk, and that the opening gain ceiling may exclude stocks with longer-term potential. It suggests adding fundamental measures and adjusting the time filter to the market and return objectives. No backtest results or performance evidence are supplied. The accompanying code uses specific data calls and fixed dates, so it should not be treated as a validated or directly reusable implementation of the stated screen.

Key ideas

• The screen requires a 14-period RSI below 65 and upward separation among moving averages.
• It excludes stocks whose 9:25 gain reaches 6% or more.
• The example ranks qualifying stocks by tradable market capitalization before limiting the list.
• The article notes that technical filters omit fundamental risks and may reject some strong movers.
• No backtest results are provided to establish whether the screen is profitable.

Tags

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