Skip to content
All library documents

Screening 2021 Beverage and Alcohol Import-Export Stocks with RSI

Article ProRealCode

Summary

This stock screen combines a 14-period RSI threshold below 65 with an industry filter for beverage and alcohol import-export companies and a date filter for 2021. The stated aim is to narrow a stock universe using a technical indicator alongside industry and time-based criteria. The document includes example formula and Python-style logic for applying those filters, though its code example uses the current calendar year rather than a fixed 2021 year, which does not match the stated screen.

No selected stocks, backtest results, or evidence of returns are reported. The article acknowledges that simple technical and industry constraints do not account for broader market conditions or changing sector themes, and that historical data may not predict future prices. It suggests expanding the screen with other technical measures, such as MACD or moving-average crosses, and fundamental measures such as market capitalization and earnings per share. These are proposed refinements, not tested improvements, and the screen itself is not a complete investment strategy.

Key ideas

  • The screen selects stocks with a 14-period RSI below 65 in the beverage and alcohol import-export industry.
  • Its stated time filter concerns stocks related to 2021, while the sample Python uses the current year.
  • The article provides screening logic but reports no selected stocks or performance results.
  • It identifies limited market and sector context, along with the uncertainty of historical data, as risks.
  • Suggested additions include other technical indicators, market capitalization, and earnings per share.

Tags

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