A Stock Screen Combining RSI, Market Capitalization, and Ownership Concentration

Summary

This Chinese equity screening note describes a rules-based selection process using RSI below 65, a circulating market capitalization between 5 billion and 10 billion yuan, and a revised ownership-concentration range of 20% to 50%. It also references a minimum share-count condition and ranks qualifying stocks by recent percentage change, selecting up to five when enough names pass the screen. The stated intent is to combine a technical filter with size and shareholder-structure criteria.

The note provides an RSI calculation outline and a sample implementation, but it does not report a backtest, returns, or risk statistics. Its own discussion cautions that the screen omits company financial health and business prospects, and that concentration alone may miss other ownership-structure concerns. The criteria are therefore a starting point for research rather than evidence of an effective strategy; the suggested additions include financial metrics and further technical or statistical filters.

Key ideas

• The screen combines RSI below 65 with a specified circulating market capitalization range and ownership concentration limits.
• Qualifying stocks are ranked by recent price change, with up to five selected.
• The note gives implementation guidance but reports no backtest or performance evidence.
• Financial condition, business outlook, liquidity, and other ownership features remain unaddressed.

Tags

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