Chinese Stock Screen Combining RSI, Positive P/E, and 2021 Performance

Summary

This stock-selection proposal combines an RSI below 65 with a positive price-to-earnings ratio and a historical filter tied to 2021. The final description specifies stocks in the upper half of that year's gain ranking, while the earlier explanation only says the stocks appeared during 2021. Those formulations do not define the same universe, leaving the historical condition ambiguous. The article suggests that a moderate RSI and positive earnings valuation could help identify stocks with room to rise, but it does not explain how RSI is calculated or the timing of the other inputs.

No backtest, performance statistics, or supporting evidence are presented. The article acknowledges that stocks may remain volatile or take time to rise, and suggests adding fundamental and technical filters or refining the stock universe. Its sample code uses a price-change field where RSI is needed and presents an unclear P/E calculation, so it does not provide a reliable implementation of the stated rules. The strategy should be read as a rough screening idea rather than a validated trading method.

Key ideas

• The stated screen requires RSI below 65 and a positive P/E ratio.
• The historical filter is unclear because the document shifts from appearing in 2021 to ranking in the top half by 2021 gains.
• The article gives no tested performance evidence and warns that returns may take time while prices remain volatile.
• The sample implementation does not correctly define or calculate the stated RSI and P/E filters.

Tags

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