Combining RSI with Market Capitalization and Share-Count Filters

Summary

This stock screen selects shares with RSI below 65, circulating market capitalization between 5 billion and 10 billion yuan, and total shares of at least 200 million. Its stated aim is to combine a technical condition with company size and liquidity-related characteristics. The Python example calculates RSI, filters the available stocks, sorts qualifying names by percentage change, and returns up to five selections when enough candidates pass.

The article supplies no backtest or evidence that the screen improves returns. It notes that the rules omit industry effects and that circulating market value alone may not capture ownership concentration or a company’s future prospects. Suggested refinements include adding financial measures, market and industry context, and other technical signals. The RSI calculation and input data definitions may affect results, and the example’s ranking by recent price change introduces an additional selection preference beyond the three stated filters.

Key ideas

• The screen requires RSI below 65, circulating market capitalization from 5 billion to 10 billion yuan, and at least 200 million total shares.
• The example ranks qualifying stocks by percentage change and returns up to five names when enough candidates exist.
• The article identifies industry conditions and ownership structure as factors missing from the screen.
• It offers no performance results and recommends broader fundamental, market, and technical analysis.

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