Screening Chinese Stocks with RSI, Weekly MACD, and Moving-Average Trend

Summary

This stock-screening idea selects equities with RSI below 65, weekly MACD above its zero line, and an upward-trending 30-day moving average. The article presents these conditions as a way to find stocks with favorable technical direction. Its accompanying implementation material also describes ranking candidates by float market capitalization, though the code’s moving-average comparison uses the 30-day average above the 60-day average rather than directly testing whether the 30-day average is rising. That difference leaves the precise rule somewhat ambiguous.

The article suggests adding volume, fund-flow measures, valuation data, industry context, and market-trend adjustments. It warns that indicator-only screening overlooks financial health, including profitability, cash flow, and leverage, and that changing market conditions can make signals unreliable. No backtest, return data, or evidence of predictive performance is supplied, so the rules should be treated as a screening hypothesis rather than a validated strategy.

Key ideas

• The stated screen combines RSI below 65, weekly MACD above zero, and an upward 30-day moving average.
• The sample code ranks candidates by float market capitalization and uses a 30-day versus 60-day average comparison, creating ambiguity about the intended trend condition.
• The article proposes adding volume, fund flows, valuation measures, and industry context.
• Technical indicators alone omit company financial risks and can misread changing market conditions.
• The document gives no backtest or measured performance evidence.

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