Chinese Stock Screening with RSI, Large-Order Flow, and Profitability

Summary

This Chinese equities screen combines a technical threshold, a trading-flow condition, and company filters. It selects stocks with RSI below 65, positive net profit, and market capitalization under 10 billion yuan, while also requiring the product of the daily price change and a measure of very large order net volume to exceed a volume-based threshold. The document describes the screen as a way to combine price behavior, capital flows, and profitability.

The article gives formula guidance and a Python example, but it does not report a backtest, sample period results, or evidence that the screen predicts returns. Its definition of very large order flow and the example's data fields may require verification before use. The article itself notes that the size and profit filters can exclude otherwise qualifying stocks, and that changing market conditions can affect performance. It suggests relaxing filters or adding indicators and valuation measures, but does not test those modifications.

Key ideas

• The screen requires RSI below 65 and positive net profit.
• It limits eligible firms to market capitalization below 10 billion yuan.
• It combines daily price change with very large order net volume as a flow condition.
• The article provides formulas and sample code but no performance results.
• Market changes and restrictive filters may affect coverage and outcomes.

Tags

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