Chinese Stock Screening with RSI, Best-Level Volume, and Regional Exclusion

Summary

This proposed Chinese equity screen selects stocks with a 14-period RSI below 65 and first-level buy volume greater than first-level sell volume, while excluding Beijing-listed shares. The article interprets RSI as a price-condition indicator and the buy-versus-sell volume comparison as a sign of market sentiment. It suggests supplementing these filters with industry and trend analysis, checking company data quality, and monitoring portfolio concentration.

The post provides formula and Python examples but no backtest, performance figures, or evidence that the conditions predict returns. Its discussion also describes an RSI below 65 as indicating an oversold condition, which is not established by the threshold alone. The examples use inconsistent code-based regional exclusions, so the intended Beijing filter should be verified against the relevant market data before implementation. The screen is a set of selection conditions rather than a complete trading or risk-management method.

Key ideas

• The proposed screen requires a 14-period RSI below 65 and first-level buy volume greater than sell volume.
• It excludes Beijing-listed stocks, though the provided examples encode the exclusion inconsistently.
• The author recommends adding industry, trend, data-quality, and portfolio-distribution checks.
• The post provides no backtest or evidence that these filters forecast returns.
• An RSI threshold below 65 alone does not establish that a stock is oversold.

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