Screening Chinese Stocks by RSI, Earnings Growth, and Recent Limit-Ups

Summary

This stock-selection approach combines a 14-period RSI below 65 with parent-attributable net profit growth above 20% and up to 100%, plus a recent limit-up move. The rationale pairs moderate momentum conditions with improving reported earnings and evidence of strong buying interest. The article also references a positive MACD condition, a minimum share price, and exclusions for suspended, delisted, and ST stocks in its formula example.

The post gives screening logic and sample formula and Python implementations, but no backtest results or performance evidence. It cautions that recent price surges can reflect speculation and that short-term indicators may obscure company fundamentals and longer-term prospects. It recommends broader fundamental and technical review, considering market conditions, and applying risk controls; the screen alone does not establish durable investment value.

Key ideas

• The screen requires RSI below 65 and net profit growth above 20% and no higher than 100%.\nIt additionally looks for a limit-up move within roughly the prior month.\nThe formula example adds a positive MACD filter and excludes suspended, delisted, and ST shares.\nThe article warns that short-term price behavior can be distorted and should be assessed alongside company fundamentals and risk controls.

Tags

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