Screening Main Board Stocks with RSI and Rising-Price Signals

Summary

This document describes a Chinese main-board stock screen that combines RSI below 65 with a daily gain above 1% and a rising-trend condition. The examples express the trend condition through moving-average alignment: the 5-day average exceeds the 20-day, the 10-day exceeds the 30-day, and the 20-day exceeds the 60-day. The sample SQL-style query adds filters for turnover, market capitalization distribution, listing status, and non-ST names, then ranks candidates by a market-value score. A Python sketch presents a related filter using RSI, daily returns, listing status, exchange, and moving averages.

The document gives no backtest or performance evidence, and its examples do not line up perfectly: the prose names RSI and a gain threshold, while the query includes additional conditions and the Python example does not implement every stated selection detail. It warns that chasing short-term strength can expose investors to reversals and neglect company fundamentals. It suggests adding valuation, profitability, volatility, industry, and broader financial analysis, while recognizing that these additions would need evaluation before use.

Key ideas

• The screen combines RSI below 65 with a daily price rise above 1%.
• The trend condition is illustrated with several short- and medium-term moving-average comparisons.
• The sample query adds turnover, market capitalization, listing status, and name filters beyond the core description.
• The document cautions that short-term trend selection can lead to chasing and may overlook company fundamentals.
• It recommends combining technical filters with financial and industry analysis.

Tags

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