Screening Chinese Stocks by RSI, Free-Float Value, and Daily Range

Summary

This stock-screening idea selects shares with RSI below 65, free-float market value between 5 and 10 billion yuan, and daily price amplitude above 1%. The article explains the intended roles of the filters: RSI indicates short-term overbought or oversold conditions, market value represents company scale and liquidity, and amplitude captures price movement. It provides formulas for RSI and amplitude and outlines a Python example using market data to filter candidates.

The document gives no backtest or evidence that the thresholds predict returns. It cautions that the screen omits deeper company fundamentals and broader market conditions, and recommends combining additional technical and fundamental factors and researching parameter choices. The sample code's data fields and calculations would need verification before use; it should be treated as a screening sketch, not a validated selection or investment method.

Key ideas

• The screen requires RSI below 65, free-float market value from 5 to 10 billion yuan, and daily amplitude above 1%.
• RSI, market value, and amplitude are intended to represent momentum conditions, size or liquidity, and price variability.
• The article outlines a Python workflow that filters stock data against those thresholds.
• It provides no backtest results establishing that the screen produces positive returns.
• The author notes that fundamental analysis, additional indicators, and parameter research may improve the screen.

Tags

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