Filtering Main-Board Stocks by RSI, Daily Gains, and Revenue Growth
Summary
This post outlines an equity screen that combines a 14-period RSI below 65 with a daily gain above 1%, a main-board listing, and a 2021-to-2018 revenue ratio above 1.1. It presents the approach as a blend of recent price strength and a multi-year fundamental growth condition. Formula and Python examples are included to illustrate the filters, although the examples contain implementation details that do not consistently match the stated criteria, so they should not be treated as a validated specification.
The author argues that historical revenue growth can add a fundamental dimension to a price-based screen, but notes that revenue alone does not capture a company’s full condition and may be affected by reporting issues. Suggested refinements include considering profit growth, shareholder returns, and market trends. No backtest, performance data, or evidence of predictive value is supplied; the strategy is presented as a screening idea, with risks and execution decisions left for further research.
Key ideas
- The proposed screen combines RSI below 65 with a daily gain above 1% and a main-board listing.
- It adds a revenue ratio comparing 2021 with 2018 and requires that ratio to exceed 1.1.
- The post suggests that revenue growth can complement price signals but cannot represent overall company quality.
- The examples are not fully consistent with the written rules, and no tested performance is reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.