Screening Stocks by RSI, Trading Range, and Recent Limit-Up Frequency

Summary

This stock-selection recipe looks for shares with an RSI below 65, a trading range greater than 1, and at least two limit-up days within the prior 500 days. The document frames the RSI and range conditions as measures of technical steadiness and price movement, while repeated limit-up events are treated as evidence of market attention. It then proposes adding positive net profit, revenue growth above 10%, and a market-cap limit as fundamental filters.

No backtest results or evidence are supplied to show that these conditions identify profitable opportunities. The article warns that technical and sentiment signals can overlook company fundamentals and recommends monitoring limit-up behavior. Its formula descriptions and sample implementation are not fully consistent or clear about measurement conventions, and the additional fundamental conditions are described without a precise market-cap threshold. The proposal is best read as an illustrative screen that would need definition and testing before use.

Key ideas

• The initial screen combines RSI below 65, range greater than 1, and at least two limit-up events over 500 days.
• The proposed extensions require positive net profit, revenue growth above 10%, and a market-cap ceiling.
• The document treats repeated limit-up events as a proxy for market attention.
• It cautions that technical and sentiment filters omit fundamental risks.
• No performance evidence is provided, and some indicator definitions are unclear.

Tags

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