A Stock Screen Using RSI, Seven Down Sessions, and Beverage Trade Data

Summary

This proposed Chinese equity screen combines RSI below 65, seven consecutive sessions in which the close is below the open, and an indicator for beverage and alcohol imports and exports. The post frames the technical conditions as signs of weakness and adds an industry or macroeconomic input, with a suggested final condition that the trade indicator be rising. It also recommends considering other macroeconomic measures and trading volume, while mentioning valuation and earnings growth as omitted fundamentals.

The post supplies no backtest or performance evidence, and it acknowledges that the chosen indicators are sparse and the macroeconomic treatment is broad. Its sample code and formulas also appear inconsistent with the written rules: the seven-session condition is not clearly enforced in the code, and the provided comparison can accept cases that do not meet the stated requirement. The data fields and import-export measure are not fully defined. Treat the screen as an unvalidated hypothesis and verify definitions, implementation, and historical results before relying on it.

Key ideas

• The proposed screen combines RSI below 65, seven sessions with closes below opens, and beverage trade data.
• The final description adds a rising import-export indicator as a selection condition.
• The post recommends broader macroeconomic, volume, valuation, and earnings inputs.
• No results are reported, and the sample implementation does not clearly match the written seven-session rule.

Tags

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