Chinese Stock Screen Using RSI, Daily Gains, and Rising Lows

Summary

This Chinese-language post describes a mainland China main-board stock screen combining an RSI reading below 65, a daily gain above 1%, and a rising-bottom condition. The stated rationale is to seek shares with recent upward momentum while the RSI remains below its chosen threshold, and to treat successively higher lows as evidence of an emerging uptrend. The post also includes example indicator logic and a Python-oriented screening sketch, but these are references rather than a documented, validated trading system.

The author warns that the rising-bottom filter may exclude otherwise attractive stocks and may lose usefulness when market sentiment shifts. The post recommends considering additional technical or fundamental measures and adjusting the screen to market conditions. It supplies no backtest, benchmark, transaction-cost analysis, or evidence that the proposed filters predict future returns or reduce risk. Its characterization of RSI below 65 as an oversold condition is the author's rationale, not a demonstrated result.

Key ideas

• The screen selects main-board stocks with RSI below 65 and a daily gain above 1%.
• A rising-bottom condition is used as a sign of a possible uptrend.
• The post presents technical filters as a way to combine momentum and price-structure signals.
• The author cautions that the added filter may exclude candidates and can become less informative as sentiment changes.
• No backtest or measured evidence is provided to establish the screen's profitability.

Tags

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