Screening Chinese Stocks with RSI, Profit Growth, and Price Change

Summary

This Chinese A-share screening strategy combines a technical condition, a fundamental growth condition, and a market price filter. It selects stocks with RSI below 65, year-over-year growth in net profit attributable to parent-company shareholders above 20% and no more than 100%, and a price change between negative 2% and positive 5%. The article also includes example database and Python implementations, although the Python example adds a circulating market capitalization range that is not part of the stated final screening logic.

The author explains that the combination is intended to balance technical, fundamental, and market information, but provides no backtest, returns, or comparison with a benchmark. Stated risks include relying on only a few factors, overlooking company-specific financial problems, and inaccurate price-change data. The article suggests adding valuation and technical measures and checking price moves across multiple sessions, but does not test those proposed refinements.

Key ideas

• The screen requires RSI below 65 and net profit growth above 20% through 100%.
• It filters price change to a range between negative 2% and positive 5%.
• The strategy is presented as a combination of technical, fundamental, and market filters.
• The Python example adds a market-capitalization condition absent from the stated final logic.
• The article provides no performance evidence and flags incomplete factor coverage and data accuracy risks.

Tags

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