Screening Stocks with RSI, Three Consecutive Down Days, and Beverage Imports

Summary

This stock-selection idea combines a 14-period RSI below 65 with three consecutive bearish sessions and membership in a beverage and alcohol import-export industry group. The post frames the method as a mix of technical and industry information and suggests ranking qualifying stocks by trading volume. It also proposes adding valuation measures such as price-to-earnings or price-to-book ratios to broaden the fundamental screen.

The document includes example indicator conditions and describes the intended screening process, but it does not define a complete portfolio or entry and exit rules. Its code examples are inconsistent: the written description calls for three down sessions, while some displayed conditions test prior sessions as bullish or use only part of the stated filter. The industry classification example also appears to use data that may not reliably identify the intended membership. No backtest, performance results, or risk model is supplied, so the selection logic should be treated as an incomplete hypothesis rather than a validated strategy.

Key ideas

• The proposed screen selects stocks with RSI below 65, three consecutive down sessions, and beverage or alcohol import-export industry membership.
• The post presents the screen as a combination of technical and industry filters.
• It suggests supplementing the screen with valuation measures and ranking candidates by volume.
• The code examples do not consistently implement the written three-day condition or complete selection logic.
• No performance evidence, portfolio rules, or comprehensive risk controls are provided.

Tags

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