Chinese Stock Screening with RSI, Market Value, and Prior Turnover

Summary

This Chinese equity screen combines a technical filter with size and liquidity conditions. It selects stocks with RSI below 65, circulating market value between 5 billion and 10 billion yuan, and prior-day trading value above 60 million yuan. The article also gives example formula and Python logic, including a five-stock selection step and a price-change filter intended to exclude stocks near the daily limit. The stated rationale is to use RSI alongside market value and turnover when narrowing the universe.

The source cautions that these conditions may overlook industry and other relevant factors, and that prior-day turnover may not match current trading conditions. It suggests adding fundamentals, industry information, time-window constraints, and limit-up counts. No backtest results or measured returns are supplied, and the extra optimization suggestions are not fully specified as a tested rule set. The screen is therefore a candidate-selection recipe, not evidence of profitability.

Key ideas

• The screen requires RSI below 65, circulating market value from 5 billion to 10 billion yuan, and prior-day trading value above 60 million yuan.
• Example logic further ranks candidates and applies a stock-price change filter.
• The article warns that yesterday’s turnover can diverge from current market conditions.
• Industry and fundamental information may be needed to address risks omitted by the simple screen.
• No backtest performance or profitability evidence is reported.

Tags

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