A-Share Screen Using RSI, Seven Down Days, and the 250-Day Average

Summary

This proposed Chinese stock screen looks for an RSI below 65, seven consecutive sessions with closes below opens, and a share price above its 250-day moving average. The post frames the long moving average as a way to retain stocks with a stronger longer-term trend while searching for a pullback. It also presents sample indicator formulas and screening code.

The article notes that the rules omit fundamentals and may miss company, industry, or policy risks. It recommends considering financial measures and additional technical signals, but provides no backtest or performance evidence. The sample code and written rules are not fully aligned in every detail, including how the prior-day price condition is applied, so implementation should be checked before using the screen.

Key ideas

• The core screen combines RSI below 65, seven consecutive down sessions, and price above the 250-day moving average.
• The long moving average is intended to filter for a stronger longer-term price trend.
• The post recommends adding fundamental and other technical measures to assess candidates more broadly.
• The strategy omits important company and market risks and has no reported performance evidence.
• The sample code should be checked against the stated screening rules before implementation.

Tags

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