Screening Small-Cap Robotics Stocks with RSI and Order-Book Volume
Summary
The document describes a Chinese equity screen combining four conditions: a 14-period RSI below 65, displayed bid volume greater than ask volume, membership in the robotics concept group, and circulating market capitalization below 10 billion yuan. The stated rationale is to combine a technical indicator, a measure of near-term buying interest, a thematic filter, and a size constraint.
The post provides formula and Python examples for applying the filters. It offers no backtest, return statistics, or evidence that the conditions predict performance. It also notes that the screen omits company financials and business quality, and that robotics firms face technology-cycle and competitive risks. The suggested refinements include adding financial and business-model assessment and considering industry trends and broader market conditions; these are recommendations rather than tested parts of the original screen.
Key ideas
- The screen selects robotics concept stocks with circulating market capitalization below 10 billion yuan.
- It requires a 14-period RSI below 65 and bid volume above ask volume.
- The post gives formula and Python examples but reports no performance tests.
- It flags financial quality, business models, technology cycles, and competition as omitted risks.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.