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A Stock Screen Combining RSI, Daily Gains, and a Fixed Price

Article SuperMind

Summary

This Chinese-language post proposes a main-board stock screen using RSI below 65, a daily gain above 1%, and a closing price of 18.5 yuan. It frames RSI as a way to find stocks with potential for a rebound and the positive daily move as a sign of near-term strength. The price condition is described as a search for a possible value cushion. The post includes sample SQL-style and Python-style filtering references, but does not supply a tested trading system or explain how the RSI calculation is configured.

The document presents no backtest, performance figures, or evidence that the selected conditions predict returns. It cautions that fixed thresholds can become disconnected from changing market conditions, that low-priced stocks may have fundamental risks, and that technical indicators can produce false signals. It suggests adding technical, fundamental, and financial filters, and mentions stop-loss, take-profit, and risk controls. The rationale for treating RSI below 65 as oversold is asserted rather than demonstrated, and the exact-price filter is rigid.

Key ideas

  • The proposed screen requires RSI below 65, a daily rise greater than 1%, main-board status, and a closing price of 18.5 yuan.
  • The post interprets the RSI and daily gain conditions as potential rebound and momentum signals.
  • It offers example filtering logic but provides no backtest or measured evidence of profitability.
  • The author warns that fixed thresholds and technical signals can fail as market conditions change.
  • Suggested refinements include fundamental filters and explicit risk controls.

Tags

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