A-Share Screening with RSI, Parent Profit Growth, and Positive P/E

Summary

This stock-selection screen combines a technical condition with two fundamental filters. It selects A-shares whose RSI is below 65, whose year-over-year growth in net profit attributable to parent-company shareholders is above 20% and no greater than 100%, and whose price-to-earnings ratio is positive. The stated rationale is to combine a technical reading with earnings growth and a basic valuation check. Example SQL and Python references outline parts of the screening process.

The document warns that multiple filters can leave too few or too many candidates, and that positive P/E may be unsuitable for some industries or periods. It suggests adding other technical and fundamental measures and considering macroeconomic and policy conditions. It reports no tested returns or risk statistics. The code references also do not establish a complete, reproducible backtest, so the screen should be treated as a candidate-selection rule rather than evidence of investment performance.

Key ideas

• The screen requires RSI below 65 and parent-attributable net profit growth above 20% and at most 100% year over year.
• It excludes stocks with a nonpositive P/E ratio.
• The approach combines a technical indicator with earnings growth and valuation criteria.
• The source cautions that the filters may produce unsuitable candidate counts and that P/E has sector-specific limitations.
• No backtest results or performance evidence are provided.

Tags

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