Screening Beverage and Alcohol Import-Export Stocks with RSI

Summary

This post proposes an equity screen using a relative strength index below 65, membership in a beverage and alcohol import-export industry category, and a specified company ownership type. It presents the RSI condition as a technical filter and the industry and ownership fields as company-level selection criteria. Example snippets show a 14-period RSI calculation, but the Python filter shown does not actually apply the RSI result, and the ownership value is left unspecified.

The post warns that market shocks, changes in company status, and inaccurate disclosures can undermine the screen. It suggests adding other technical measures and operating or valuation fundamentals, checking ownership and policy context more carefully, and applying risk controls. It provides no backtest or evidence that the filtered stocks are stable or have an attractive margin of safety. The screen is therefore a broad proposal rather than a fully specified, validated strategy; its industry and ownership filters also depend on consistent, reliable data.

Key ideas

• The proposed screen combines RSI below 65 with an industry classification and a company ownership field.
• The example uses a 14-period RSI, but the sample Python filter does not incorporate the RSI calculation.
• The ownership criterion is left unspecified, so the screen is incomplete as written.
• The post recommends adding fundamental checks and risk controls but supplies no performance validation.

Tags

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