Screening Shanghai-Listed Stocks by RSI and Float Value

Summary

The screen selects Chinese equities whose codes begin with 60, whose RSI is below 65, and whose tradable market value lies between 5 and 10 billion yuan. The accompanying example calculates a 14-period RSI, filters securities by those conditions, and, when at least five qualify, ranks them by percentage change and returns up to five names. This combines a technical filter with a market-capitalization range and a code-based exchange universe.

The source offers no backtest results or evidence that the screen predicts returns. It cautions that the rules may overemphasize market attention and omit fundamentals, industry prospects, and longer historical behavior. It suggests combining additional factors or indicators and testing other code ranges. The ranking by recent percentage change is described in the example, but no rationale or validation for that choice is supplied.

Key ideas

• The screen requires RSI below 65 and float market value from 5 to 10 billion yuan.
• It restricts candidates to stock codes beginning with 60.
• The example ranks qualifying names by percentage change and selects up to five.
• The source provides no performance evidence and warns about missing fundamental and industry analysis.

Tags

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