Chinese Stock Screen Using Daily Range, Main-Flow Control, and RSI

Summary

The document outlines a Chinese stock screen requiring daily high-low amplitude above 1%, a positive measure of prior-day main-fund flow, and RSI below 65, with the formula reference specifying a three-period RSI. It presents these conditions as a way to find lower-priced stocks with potential rebound behavior and includes formula and code examples for calculating the indicators.

The material provides a rule set and its rationale but no backtest, performance statistics, or validation that the signals identify rebounds. It acknowledges that technical-only selection can overlook company fundamentals and macroeconomic conditions, and suggests incorporating valuation, earnings, industry, and broader market factors. The screen is best understood as a candidate filter whose thresholds and implementation need independent evaluation.

Key ideas

• The screen combines daily price amplitude above 1%, positive prior-day main-fund flow, and RSI below 65.
• The formula reference uses a three-period RSI calculation.
• The stated objective is to find stocks that may be positioned for a rebound.
• No empirical results are presented to establish the screen’s accuracy or profitability.
• The document recommends combining technical conditions with fundamental and market context.

Tags

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