Chinese Stock Screening with RSI, MACD, and Limit-Up Activity

Summary

This Chinese stock-screening post proposes combining three signals: RSI below 65, a rising MACD DEA line, and repeated limit-up sessions. The stated rationale is to find shares with favorable technical conditions and strong market interest. The post’s final screening rule changes the lookback and threshold from the headline: it specifies more than three limit-up days within five days, rather than more than two within ten days.

It provides indicator settings and a sample Python workflow using historical stock data to calculate RSI, MACD, and recent limit-up frequency. The example also filters on positive MACD histogram and MACD values, so its implementation does not exactly match the stated DEA condition. No performance data or backtest results are offered. The author flags reversal risk after sharp rallies and the omission of industry and company fundamentals, and suggests adding fundamental and industry analysis and managing risk.

Key ideas

• The proposal screens for RSI below 65, a rising DEA line, and frequent recent limit-up sessions.
• The final rule uses a five-day window and requires more than three limit-up days, differing from the headline criteria.
• The Python example adds positive MACD and histogram filters, which are not identical to the written DEA condition.
• The post warns that limit-up activity can precede pullbacks and that the screen ignores fundamentals and industry conditions.

Tags

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