A Turnover, Price Range, and RSI Stock Screening Strategy

Summary

This Chinese-language post describes an equity screen based on a prior session’s positive return, actual turnover between 3% and 28%, and an amplitude threshold above 1. It then adds a relative-strength condition: the 14-period RSI must rank in the top 20% of the comparison set. The article provides example indicator logic and Python-style screening steps, but does not present backtest results or define the ranking universe clearly.

The author says the filters aim to combine trading activity, price movement, and recent performance. The post cautions that technical filters may overlook company fundamentals and market complexity, and that a large price rise does not guarantee high returns. It suggests adding financial and macroeconomic measures as possible refinements. The examples are illustrative and may require adjustment to the data source and trading setup; they do not establish profitability or risk-adjusted performance.

Key ideas

• The screen combines price amplitude, prior-day turnover, and a positive prior-day return.
• It adds a high relative RSI rank as a momentum-related filter.
• The post gives example indicator logic but reports no performance evidence.
• It warns that technical-only screening can miss fundamental risks and does not guarantee returns.

Tags

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