Chinese Stock Screen Using RSI, Price, and Opening Gap Filters

Summary

This Chinese-language post proposes a stock screen combining three conditions: six-period RSI below 65, closing price below 12 yuan, and a measure of the opening price change below 6%. It frames the filters as a way to select lower-priced stocks with moderate momentum and limited early price movement. It also gives a formula reference for the conditions, though it does not provide executable data retrieval code.

The post warns that judging sentiment from one time point can make the screen overly sensitive. It suggests adding technical indicators or shifting the screening time to improve stability. These are suggestions rather than tested refinements: no constituents, historical results, benchmark, or risk statistics are reported. The stated rules describe a screening heuristic, not a demonstrated trading strategy, and the source's claim that the combined filters reflect broader qualities is not supported by evidence in the text.

Key ideas

• The screen selects stocks with six-period RSI below 65, price below 12 yuan, and an opening-price change below 6%.
• The post uses these filters to combine a momentum measure, price threshold, and early-session movement condition.
• It cautions that a single time-point observation may make the screen overly sensitive.
• It suggests adding indicators or adjusting the screening time, but reports no tests of those changes.
• The document supplies no historical performance or risk statistics.

Tags

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