Robot-Themed Small-Cap Screen with RSI and Three Bearish Candles

Summary

This Chinese equity screen combines a 14-period RSI below 65 with three consecutive bearish candles, robot-sector membership, and circulating market capitalization below 10 billion yuan. It presents the combination as a way to find smaller robot-themed stocks showing recent price weakness. The document includes formula and Python examples for calculating RSI and the candle sequence, then applying the sector and market-cap filters.

The note offers no backtest or evidence that the conditions predict returns. It cautions that sentiment and other market forces are omitted, the size ceiling may exclude larger candidates, and a popular robotics theme may be vulnerable to inflated valuations or fading interest. It proposes adding sentiment or financial measures and tuning the filters, but gives no tested optimization. The bearish candles and RSI condition could identify weakness rather than a reversal, so the intended holding or exit rules remain unspecified.

Key ideas

• The screen requires a 14-period RSI below 65 and three consecutive bearish candles.
• It limits candidates to robot-themed stocks below the stated circulating market-cap ceiling.
• The note supplies examples for computing technical conditions and filtering stocks.
• It reports no performance tests and flags sentiment, valuation, and selection risks.

Tags

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