Screening for Low RSI, Seven Down Days, and a Capped Opening Move

Summary

This A-share screening idea selects stocks with RSI below 65, seven consecutive down days, and an opening move below 6% at 9:25. It combines a technical condition, an extended run of declining sessions, and a limit on the current day's early price change. The article presents the opening-move filter as a way to avoid stocks with unusually active early trading, although it does not explain why this combination should predict a reversal or continuation.

The document supplies indicator definitions and sample screening logic but no backtest, performance results, or evidence for the claimed benefits. It acknowledges market uncertainty, possible effects from unexpected events, and the need to monitor data quality and adjust the screen as conditions change. It suggests adding other technical, volume, and valuation measures, but does not evaluate them. The rules are therefore an exploratory stock-selection heuristic; the document leaves trade entry timing, exits, risk limits, and position sizing unspecified.

Key ideas

• The screen combines RSI below 65, seven consecutive declining sessions, and an early-session gain below 6%.
• The article treats the opening-move cap as a filter against unusually active stocks.
• No backtest or performance evidence is provided for the combined conditions.
• The author notes that market changes, unexpected events, and data quality can affect the screen.
• Additional indicators are suggested, but entry, exit, and position-sizing rules are not defined.

Tags

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