Combining RSI, Earnings Growth, and Turnover for A-Share Selection

Summary

This A-share stock screen combines a technical condition, a fundamental filter, and a short-term activity measure. It selects stocks with RSI below 65, parent-company net profit growth above 20% and at most 100%, and a turnover-based measure between 0.5 and 2. The described measure multiplies the previous day’s turnover by the ratio of today’s auction volume to the previous day’s volume. The article also includes example SQL and Python references, along with exclusions for suspended and specially treated stocks.

The screen is presented as a way to find stocks with relatively subdued RSI, profit growth, and moderate trading activity. The article cautions that it omits other relevant factors, including valuation and industry conditions, and that auction volume may be noisy. It supplies no backtest, return data, or evidence that the combined thresholds produce an advantage. Its code examples use different volume fields and a simpler profit-growth calculation than the written selection logic, so implementation details warrant careful checking before use.

Key ideas

• The screen requires RSI below 65 and parent-company net profit growth above 20% and no greater than 100%.
• It filters for a turnover measure between 0.5 and 2 using prior turnover and a volume ratio.
• The article proposes combining technical, fundamental, and trading-activity data in one stock screen.
• It warns that auction volume can be noisy and that valuation and industry factors are omitted.
• The examples provide no performance evidence, and their calculations do not fully match the written logic.

Tags

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