A-Share Stock Screening with RSI, MACD, and Opening Gains

Summary

This document describes an A-share stock screen combining three conditions: a 14-period RSI below 65, a positive MACD value relative to its zero line, and a gain below 6% at the 9:25 observation. The accompanying example also excludes securities flagged as ST and checks that recent price data is available. The stated rationale is to favor relatively calm momentum and positive trend conditions while avoiding stocks with especially large early gains.

The post offers no performance data or backtest evidence for the screen. It warns that the approach emphasizes short-term price behavior, omits company fundamentals, and may miss higher-growth firms or select risky stocks. It suggests considering additional indicators, broader market and sector conditions, fundamentals, and a longer selection horizon. The thresholds and indicator definitions are presented as a screening recipe; the document does not establish that they predict returns or explain how transaction costs, execution timing, or portfolio risk should be handled.

Key ideas

• The screen requires RSI below 65, MACD above zero, and a 9:25 gain below 6%.
• The example excludes ST-designated companies and checks for available daily and intraday data.
• The post frames the conditions as a short-term technical screen rather than a complete investment process.
• It identifies omissions of fundamentals and longer-term prospects as limitations.
• The document provides no performance results to validate the proposed thresholds.

Tags

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