Chinese Stock Screen Combining RSI, Past Limit-Ups, and Dividend Yield

Summary

This note describes a Chinese stock screen requiring RSI below 65, at least two limit-up sessions over a 500-day lookback, and a dividend payout ratio above 25% for 2019. It combines a technical filter and a history of strong price moves with a historical dividend measure. The article provides a formula and a Python-style example that filters a stock list using these conditions, but does not explain how the input data are sourced or validated.

The rationale is that RSI and past limit-ups may help identify stocks with favorable technical characteristics, while the dividend condition adds a fundamental dimension. The article cautions that market conditions and current financial health are not addressed, that a past payout ratio does not establish future performance, and that dividend policy can change. It recommends considering other financial indicators, such as return on equity, and updating technical inputs to reflect more recent conditions. No backtest, performance results, or portfolio and exit rules are given, so the screen remains an unvalidated candidate-selection idea.

Key ideas

• The screen requires RSI below 65, at least two limit-up sessions in 500 days, and a 2019 dividend payout ratio above 25%.
• It combines technical filters with a historical company distribution measure.
• A past dividend payout does not guarantee future earnings or continued distributions.
• The screen does not account for current market conditions or establish entry and exit rules.
• No backtest or performance evidence is provided.

Tags

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