Chinese Stock Screen Using Recent Limit-Ups, Positive PE, and RSI

Summary

This proposed Chinese equity screen combines recent price strength with valuation and a momentum indicator. It selects stocks with more than two limit-up days during the previous ten days, a positive price-to-earnings measure, and RSI below 65. The article characterizes the limit-up condition as a sign of strong recent performance and RSI as a way to avoid the highest readings. It includes rough indicator references and a Python example intended to assemble candidates from stock and historical-price data.

The post provides no backtest, returns, or comparison with a benchmark, so it establishes a screening recipe rather than evidence of an effective strategy. It warns that the approach may favor short-term excitement, expose selections to sharp market moves, and omit low-valued stocks. It recommends adding fundamental analysis and tuning the parameters. The code should be treated cautiously: its condition compares price change with the RSI threshold, and its limit-up calculation and PE construction may not faithfully implement the stated indicators or criteria.

Key ideas

• The screen requires more than two limit-up days in ten days, positive PE, and RSI below 65.
• Recent limit-up activity is used as a short-term strength filter.
• The article warns that this approach can concentrate on volatile stocks and exclude lower-valued candidates.
• No historical performance evidence is supplied, and the code example may not match the stated conditions.

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