Screening Chinese Stocks with Rising 30-Day Averages and RSI

Summary

This stock-selection screen targets Chinese shares outside the STAR Market whose 30-day moving average is rising and whose 14-period RSI is below 65. The moving-average condition is intended to favor stocks with a positive recent trend, while the RSI threshold excludes shares with stronger readings. The article also describes ranking candidates by market capitalization and provides example implementations using a domestic stock data package and technical-analysis functions.

The method is a simple technical filter, not a complete trading system: it specifies neither entry and exit rules nor portfolio construction, transaction costs, or risk limits. The article warns that technical signals can be false and that the screen ignores company fundamentals and future price behavior. It suggests adding fundamental criteria and checking signals with other indicators, while noting that the RSI threshold and moving-average period can be adjusted. No backtest results or evidence of profitability are provided, and the example code should be validated before use.

Key ideas

• The screen selects non-STAR Market Chinese stocks with a rising 30-day moving average.
• It requires the 14-period RSI to remain below 65.
• The example ranks qualifying stocks using market capitalization.
• The screen does not define trade exits, position sizing, or risk controls.
• The article recommends testing the logic and considering fundamental and indicator-based confirmation.

Tags

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