A-Share Screening with RSI, Volume Imbalance, and Uptrend Signals

Summary

This document outlines an A-share stock screen combining RSI below 65, an outer-to-inner trading volume ratio above 1.3, and a signal intended to identify the start of a strong upward move. It provides a long technical indicator formula and a Python example that filters stocks using RSI, estimated volume imbalance, and moving average relationships. The implementation details differ: the Python trend check uses 240-, 120-, and 60-day averages, while the indicator formula describes another approach.

The article warns that an upward-move signal can be misclassified, and that relying on a few technical measures may miss company fundamentals, broader market conditions, or risks from sharp price rises. It recommends adding fundamental analysis and refining and validating the selection rules over time. No backtest results or evidence of predictive performance are presented, so the screen is a proposed method rather than a demonstrated strategy.

Key ideas

• The screen combines RSI below 65 with an outer-to-inner volume ratio above 1.3 and an upward trend signal.
• The document gives both an indicator formula and a Python screening example, but their trend definitions differ.
• The author cautions that a strong-rise signal and volume measures may overlook fundamentals and changing market conditions.
• The article supplies no performance results to establish that the screen is effective.

Tags

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