Screening Chinese Stocks by RSI, Daily Gains, and Float Value

Summary

This stock screen combines a 14-period RSI below 65, a daily gain above 1%, main-board listing, and a circulating market value between 5 billion and 10 billion yuan. The accompanying discussion presents the filters as a way to combine price strength with company size, and suggests sorting qualifying stocks by the close-to-open return. Example snippets refer to a recent trading day and describe selecting a limited list of candidates.

The document offers a screening recipe and general suggestions, but it reports no backtest, portfolio returns, or evidence that the filters predict future performance. Its explanations treat smaller float value and recent gains as potentially favorable without establishing that relationship. The post also notes that market capitalization alone omits other fundamentals and recommends broader financial review and diversification. Some of the example code and prose do not align cleanly on the exact filters or calculations, so implementation details would need checking before use.

Key ideas

• The screen selects main-board stocks using RSI, a daily gain threshold, and a circulating market value range.
• The examples rank candidates by the difference between closing and opening prices.
• The post supplies no performance evidence for the proposed filters.
• It recommends adding fundamental checks and diversifying, while the example implementation has details that warrant verification.

Tags

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