Chinese Stock Screening with RSI, Earnings Growth, and MACD Filters
Summary
This Chinese A-share screening idea combines a 14-period RSI below 65, parent-company net profit growth above 20% and at most 100%, and a negative MACD reading from two sessions earlier. It also describes excluding suspended, delisted, special-treatment, low-priced, and prior-day limit-up stocks. The rationale is to find companies with recent earnings growth whose technical readings may leave room for a rebound after weakness.
The document warns that the screen depends heavily on short-term price action and indicators, which can overlook business quality and long-term prospects or expose investors to abrupt price moves. It suggests adding other technical and fundamental measures, using a longer evaluation horizon, and applying risk controls. It provides sample query and Python logic, but no performance results or validation showing that the signals predict profitable trades.
Key ideas
- The screen combines RSI below 65 with net profit growth above 20% and no more than 100%.\nIt also requires the MACD reading from two sessions earlier to be negative.\nThe stated rationale is to pair earnings growth with technical weakness that could precede a rebound.\nThe author cautions that short-term indicators can miss fundamental and long-term risks.\nNo backtest or performance evidence is provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.