Chinese A-Share Screen Combining RSI, Profit Growth, and Price Strength

Summary

This document describes an A-share stock screen that combines an RSI threshold below 65 with parent-company net profit growth above 20% and up to 100%, while excluding ST-designated stocks. It also invokes a five-step limit-up method intended to identify recent price strength. The accompanying examples refer to price changes over several periods and rank candidates by trading amount, but they do not define one fully consistent implementation.

The author argues that profit growth provides a fundamental filter and RSI may identify shares with room to rebound, while excluding ST stocks aims to avoid distressed names. The document acknowledges that relying on a narrow set of fundamental and short-term technical conditions can be misleading, and suggests adding financial ratios, other indicators, market-trend analysis, or text analysis. No backtest, return series, or risk statistics are supplied. The code examples also differ in how they calculate profit growth and momentum, so the stated selection rules should be clarified and validated before use.

Key ideas

• The screen combines RSI below 65 with parent-company net profit growth above 20% and no more than 100%.
• It excludes ST-designated stocks and adds a five-step price-strength filter.
• The SQL and Python examples do not implement profit growth in the same way.
• The document warns that a small number of screening factors can produce unreliable selections.
• It provides no backtest evidence or quantified performance assessment.

Tags

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