A-Share Screening with RSI, Consecutive Candles, and Moving-Average Crossovers

Summary

This A-share screening idea combines a 14-period RSI below 65 with a sequence of declining sessions and bullish moving-average crossovers. The crossover conditions involve the 5-, 10-, and 30-period moving averages, and the code example also requires a bullish candle on the screening day. Candidates are then ranked by percentage change. The article presents the conditions as a way to find stocks with recent weakness alongside signs of a possible upward turn.

The note offers indicator formulas and sample Python logic, but no backtest, performance figures, or evidence that the conditions predict gains. Its explanation inconsistently describes RSI below 65 as oversold, and the candle tests shown appear to check prior bullish candles rather than three bearish sessions. The author cautions that technical-only selection can overfit, lag price action, and omit company fundamentals, and suggests combining technical and fundamental measures. The rules should therefore be treated as a screening example, not as a validated strategy.

Key ideas

• The screen combines RSI below 65 with moving-average crossover conditions.
• The moving averages use 5-, 10-, and 30-session periods.
• The sample logic includes candle direction and ranks matches by percentage change.
• The article gives no backtest evidence and warns about overfitting, lag, and omitted fundamentals.

Tags

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