Chinese Equity Screening with RSI, Float Value, and Share Price Filters
Summary
The document proposes a Chinese stock screen using an RSI below 65, circulating market value from 5 billion to 10 billion yuan, and a share price of 18.5 yuan. Its sample Python logic calculates a 14-period RSI, applies the market-value and price filters, and, if at least five stocks qualify, ranks them by percentage price change and returns five. The prose describes the price condition less precisely in places, but the example specifies an exact price.
No backtest, benchmark comparison, or performance evidence is included. The document notes that technical and price filters do not assess financial health, competitive position, or business prospects, and suggests adding profitability and valuation measures. An exact share-price threshold may also be unstable as prices change or undergo corporate actions, while the RSI rule alone does not establish expected returns.
Key ideas
- The proposed screen combines RSI below 65 with a circulating market-value band and a specified share price.
- The example calculates RSI over 14 periods and ranks qualifying stocks by percentage price change.
- The document reports no historical performance or benchmark comparison.
- It identifies missing financial and competitive analysis as risks and suggests adding fundamental and valuation measures.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.