A-Share Screen Using RSI, Seven Down Sessions, and Prior-Low Conditions

Summary

This Chinese-language article presents an A-share stock screen combining an RSI reading below 65, seven consecutive sessions in which the close is below the open, and a closing-price condition involving the previous day's low. It also discusses adding fundamental information and gives an illustrative screening implementation with additional filters, including exchange, market capitalization, and exclusions for certain board segments. The article notes a default RSI lookback of 14 days.

The article frames the setup as a short-term technical screen and warns that it may neglect company fundamentals, macroeconomic conditions, and industry trends. It suggests combining technical measures with financial results and broader context. Its written rule and sample code do not align perfectly on how the previous day's low condition is applied, and the article supplies no backtest methodology or performance evidence. The screen should therefore be read as a proposed selection rule, not as a demonstrated profitable strategy.

Key ideas

• The proposed screen combines RSI below 65 with seven consecutive sessions where the close is below the open.
• It adds a closing-price condition tied to the previous session's low, though the prose and example implementation differ in their comparisons.
• The example implementation applies additional exchange and market-capitalization filters.
• The article cautions that technical-only screening can miss fundamental, macroeconomic, and industry risks.
• No backtest results or evidence of profitability are provided.

Tags

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