Screening Equities with RSI, Profit Growth, and Share Accumulation

Summary

The post describes an equity screen combining a technical condition, a fundamental growth condition, and a market-activity condition. It selects stocks with RSI below 65, year-over-year growth in parent-company net profit above 20% and at most 100%, and a daily increase in circulating shares exceeding 5% of total shares. The post frames this combination as a way to look for companies with profit growth and elevated market attention.

It acknowledges that several simultaneous filters may leave few candidates, and suggests considering other financial measures, such as return on equity or revenue growth, and technical measures such as trading volume. Formula and Python examples are included, but the text gives no backtest results, trading rules for entries or exits, or evidence that the screen predicts returns. The screen’s usefulness depends on data definitions and timing, which the post does not discuss.

Key ideas

• The screen combines RSI, year-over-year parent-company net profit growth, and daily circulating-share growth.
• Its stated thresholds are RSI below 65, profit growth above 20% and no more than 100%, and share growth above 5% of total shares.
• The post warns that multiple filters may produce few eligible stocks.
• It suggests adding measures such as return on equity, revenue growth, or volume.
• No backtest evidence or portfolio-level trading rules are provided.

Tags

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