Screening Beverage Importers for Low RSI and Three Rising Closes

Summary

This Chinese A-share screening note combines three filters: membership in the beverage and alcohol import-export industry, a 14-period RSI below 65, and closing prices above the prior close for three consecutive sessions. It presents the screen as a way to find active stocks in a favored sector with upward price momentum. The note also suggests adding indicators such as KDJ or Bollinger Bands, and company measures such as market capitalization, revenue, and profit, to assess trend strength and business quality.

No backtest, performance data, or evidence of predictive value is provided. The stated risks include RSI lag, possible reversals after a run of gains, and the limitations of industry classification. There is also a material mismatch in the example: its three-session condition checks for positive closes, not three limit-up sessions, and the prose describes the third consecutive rising day as occurring yesterday. The rule therefore does not fully encode the strategy as described.

Key ideas

• The screen combines beverage and alcohol import-export industry membership with a 14-period RSI below 65.
• It seeks three consecutive sessions in which the close exceeds the prior close.
• The note proposes adding trend indicators and company fundamentals for further screening.
• RSI can lag, and a short winning streak does not ensure continued gains.
• The example's positive-close test does not identify three limit-up sessions.

Tags

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