A Stock Screen Using RSI, MACD, and a Rising 30-Day Average

Summary

This A-share stock screen combines three technical conditions: a 14-period RSI below 65, MACD above its zero line, and a rising 30-day moving average. The stated rationale is to find stocks with moderate momentum and an upward price trend. The article also gives indicator formulas and a Python-style implementation reference, although parts of that example do not appear to match the described moving-average slope condition precisely.

The document warns that the screen omits company fundamentals, relies heavily on technical indicators, and could select crowded trades vulnerable to buying pressure. It suggests combining technical and fundamental measures, adapting the screen as conditions and company results change, and applying risk controls such as limiting exposure or holding periods. No backtest, returns, sample period, or evidence of predictive performance is provided, so the selection logic should be treated as a proposed screen rather than a validated strategy.

Key ideas

• The screen requires RSI below 65, MACD above zero, and an upward-sloping 30-day moving average.
• The method uses technical indicators to identify stocks with a rising trend and moderate RSI readings.
• The implementation example may not consistently implement the stated moving-average slope condition.
• The article identifies missing fundamental analysis and potential crowding as risks.
• It recommends combining signal types and applying exposure and holding-period controls.

Tags

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