Combining RSI, Profit Growth, and Price Range for Stock Screening
Summary
This Chinese stock-screening proposal combines a 14-period RSI below 65 with year-over-year net profit growth above 20% and no more than 100%, plus a price-range condition described as amplitude above 1. It presents the screen as a way to pair technical conditions with company earnings growth. The article includes sample indicator and Python-style selection logic, but provides no backtest, performance figures, or evidence that the screen produces superior returns.
The author characterizes the approach as short-term momentum and cautions that it may struggle in bear or sideways markets. Earnings growth can also be distorted by seasonality or unreliable reporting. The implementation details are not fully consistent: some example expressions appear to invert the stated growth comparison, and the amplitude formula's scaling and price inputs may not match the prose condition. Treat the thresholds as a proposed screening idea and verify the data definitions and calculations before use.
Key ideas
- The proposed screen requires RSI below 65 and reported year-over-year profit growth within a stated range.
- It adds a price-amplitude condition to combine technical and fundamental filters.
- The article supplies example selection logic but no evidence from a backtest or live results.
- The author warns that market regime and earnings-data quality can affect the screen.
- Some code expressions appear inconsistent with the written growth condition and should be checked.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.