Screening Stocks by 10-Day Gains, Recent Highs, and RSI

Summary

This Chinese equity screening recipe combines three price conditions: a 14-period RSI below 65, a high equal to the highest high of the latest two days, and a positive 10-day return below 35%. The article describes the approach as a way to find stocks with recent gains while limiting the size of the move, and supplies sample code that also restricts eligible listings to stocks with a specified code prefix.

The document presents no backtest, return series, or evidence that the filters predict future performance. It notes that a short-term screen may miss longer-term value, can leave a broad candidate set, and depends on subjective judgment. Its suggestions include adding industry context or other technical measures, but these are proposals rather than tested improvements. The return calculation and high-price condition should be checked against the intended data timing and platform definitions before implementation.

Key ideas

• The screen requires a positive 10-day return below 35% and RSI below 65.
• A stock's latest high must match the highest high in the two-day window.
• The supplied example code adds a stock-code-prefix filter.
• The article offers no performance test and warns that the screen may produce many candidates or neglect longer-term value.

Tags

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