A-Share Screening with RSI, MACD, and 10-Day Returns

Summary

This A-share screening rule combines three technical filters: a 14-period RSI below 65, MACD above zero, and a 10-day price gain greater than zero but below 35%. The document explains these as ways to find stocks with positive short-term performance while avoiding high RSI readings and limiting recent gains. It also gives example indicator calculations and Python-style implementation details for applying the conditions across a stock list.

The article cautions that technical indicators can mislead, strict return limits may exclude candidates, and a short-term rule may encourage speculation or fail in changing markets. It suggests adding fundamental and volume measures, adjusting indicator parameters, and comparing multiple time horizons. No performance results or validation evidence are reported, so the proposed potential for stable gains is not established. The implementation is illustrative and does not provide a systematic evaluation of costs, portfolio construction, or out-of-sample behavior.

Key ideas

• The screen requires RSI below 65, MACD above zero, and a 10-day gain between zero and 35 percent.
• The conditions combine momentum and trend information to narrow an A-share universe.
• The document recommends adding fundamentals, volume, and longer-term context to the screening process.
• It provides no backtest evidence, and its short-term indicator rules may fail in different market conditions.

Tags

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