Chinese Stock Screen Combining RSI, Earnings Growth, and Large-Order Flow

Summary

This A-share screening recipe combines three conditions: RSI below 65, year-over-year growth in parent-company net profit above 20% and no greater than 100%, and large-order net volume above 0.05 for at least three consecutive days. The article presents the combination as a way to bring together a technical reading, company earnings growth, and buying activity. It includes illustrative SQL and Python approaches to implementing the screen.

The article does not provide a backtest, benchmark, or return evidence. It cautions that the large-order measure may overstate buying interest, that trading behavior can distort the signal, and that short-term price moves may reflect sentiment. It suggests adding other valuation, technical, and flow measures. The examples also require scrutiny: the written RSI rule differs from the described interpretation of a low RSI as a relative bottom, and the provided implementations may not exactly match the prose conditions. Treat the rules as a proposed filter rather than a validated strategy.

Key ideas

• The screen combines RSI below 65 with parent-company net profit growth above 20% and up to 100%.
• It also requires large-order net volume above 0.05 for three or more consecutive days.
• The stated rationale combines technical, fundamental, and trading-flow information.
• The article warns that large-order data can give a misleading impression of buying interest.
• No performance evidence is supplied, and the examples should be checked against the written criteria.

Tags

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