A-Share Screening with RSI, Main-Player Control, and a Rising 30-Day Average
Summary
This A-share screening idea combines three conditions: a 14-period RSI below 65, an indication that major market participants controlled trading the previous day, and a 30-day moving average that is higher than its prior value. The rising average is intended to select stocks with a recent upward trend, while the RSI threshold limits how strong the recent momentum can be. The document provides a corresponding indicator formula and a Python example that attempts to retrieve stock and market data, apply the filters, and return a list of candidates.
The article offers no performance results or backtest evidence for this screen. Its rationale is qualitative, and its discussion acknowledges that news can change a stock’s outlook and that different screening conditions alter the results. The example also does not establish that its data fields and price checks accurately represent the stated criteria. It suggests testing and risk controls, and mentions adding valuation measures, but gives no rules for entries, exits, portfolio sizing, or evaluating performance.
Key ideas
- The screen requires RSI below 65, previous-day main-player control, and a rising 30-day moving average.
- The moving-average condition aims to select stocks whose recent average price is increasing.
- The article provides a formula and a Python example but reports no backtest or live-trading evidence.
- News changes and screening choices can affect candidate selection and investment risk.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.