Chinese Stock Screen Using RSI, Float Market Cap, and Limit-Down Matching

Summary

The document describes a Chinese equities screen combining an RSI below 65, a circulating market capitalization between 5 billion and 10 billion yuan, and a prior-day 9:15 matching price at the limit-down level. It frames these as technical, size, and recent price-action filters, then suggests selecting stocks that meet all three conditions. No backtest, performance data, or detailed implementation is provided, and the referenced formula and Python code are absent.

The accompanying discussion warns that the screen depends heavily on short-term market conditions. The limit-down matching-price condition is event-driven and may say little about a company’s fundamentals; using it could also distract from fundamental assessment. Suggested refinements include adding valuation or earnings measures and using other technical indicators to adjust the selection. These are proposals rather than tested improvements, and the document gives no evidence that they would make results more stable. The rules should therefore be read as a screening concept, not a validated investment strategy.

Key ideas

• The screen combines RSI below 65 with a circulating market-cap range of 5 billion to 10 billion yuan.
• It also selects for a prior-day 9:15 matching price at the limit-down level.
• The author cautions that short-term price events can make selection results unstable.
• The document suggests adding fundamental measures or other technical indicators, but does not test these changes.

Tags

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