Screening 2021-Listed Stocks by RSI and Turnover

Summary

This note describes a Chinese equity screen that selects stocks listed in 2021 with a 14-period RSI below 65 and turnover between 3% and 12%. It presents the conditions as a way to combine a technical filter with a minimum level of trading activity, then offers example formula and Python snippets for applying them.

The document gives no backtest, performance data, or comparison with a benchmark. Its own risk discussion says the screen may emphasize short-term price behavior while overlooking company fundamentals, longer-term trends, and risk controls. It suggests broadening the analysis with fundamental and trend measures and expanding the eligible stock universe. The examples also contain inconsistencies: the formula appears to use relative volume in place of turnover, and the prose has a typo in the listing year. Treat the screen as a rough specification that needs validation against correctly defined data fields before research or use.

Key ideas

• The screen selects stocks listed in 2021 with RSI below 65.
• It requires turnover to fall between 3% and 12%.
• The document recommends adding fundamental and longer-term trend analysis.
• The provided formula and prose contain inconsistencies that require checking.

Tags

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