A-Share Screening with RSI, Listing Age, and Recent Price Gains

Summary

This A-share stock screen combines a relative strength index ceiling with a minimum listing age and a positive but capped recent return. The article first describes a ten-day return condition, then presents a final screen using a five-day return instead, alongside RSI below 65 and more than one year since listing. It also references a board and price condition in its sample formula, so the written rules and implementation details are not fully consistent.

The rationale is to seek stocks with moderate recent gains while excluding newer listings and stocks with higher RSI readings. The author warns that short-term returns can overshadow long-term company quality and that RSI may react late to fast market moves. Suggested refinements include adding other technical indicators, financial statement and growth measures, and returns over additional horizons. No backtest results or evidence of profitability are provided, and the example code and formulas should be checked for consistency before use.

Key ideas

• The screen combines an RSI ceiling, listing-age requirement, and a bounded positive recent return.
• The article’s initial ten-day return rule differs from its final five-day version.
• Short-term price filters can overlook a company’s longer-term fundamentals.
• The author suggests adding more technical and financial measures, but reports no performance test.

Tags

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