Combining RSI, Earnings Growth, and Weekly MACD for A-Share Selection

Summary

This stock-selection proposal combines a technical filter with an earnings-growth condition for Chinese A-shares. It selects stocks with RSI below 65, parent-company net profit growth above 20% and no more than 100%, and weekly MACD above the zero line. The stated rationale is to find stocks that appear relatively low, have strong profit growth, and show a favorable trend. The post describes the approach as suited to longer-term investing, but supplies no backtest, benchmark, or measured results to support that characterization.

The article includes example SQL-like and Python implementations, along with basic screening for non-ST, active, listed stocks and stocks not at the daily limit. However, implementation details are not fully aligned: the Python example calculates profit growth with a percentage change on the provided data and uses MACD output, while the written rules specify year-over-year growth and weekly MACD. The author acknowledges that a few indicators omit valuation, capital flows, and other business or market factors, and suggests adding complementary data. The examples should therefore be checked carefully before use.

Key ideas

• The screen combines RSI below 65, bounded year-over-year parent-company profit growth, and weekly MACD above zero.
• The proposed rationale is to pair earnings growth with technical evidence of an upward trend.
• The article gives example screening code but no backtest results or performance comparison.
• Its code and written rules may differ in how they calculate profit growth and MACD, so implementation details need review.
• The post identifies missing valuation, capital-flow, and broader market considerations as limitations.

Tags

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