Shenzhen Stock Screen Using RSI, Valuation, and Moving Averages

Summary

This stock screen combines technical filters with valuation limits for Shenzhen main-board listings. It selects shares with RSI below 65, price-to-earnings ratios between zero and 29.01, price-to-book ratios between zero and 3.11, and a 30-day moving average above the 60-day average. The article presents the approach as a way to seek stocks with an upward trend and bounded valuation multiples.

The document gives the screening criteria and illustrative implementation guidance, but it supplies no backtest results or evidence of returns. It also notes that the simple moving-average condition and reliance on market behavior can miss important factors, including company performance and capital flows. It suggests further technical and fundamental filters, while leaving those additions unspecified. The accompanying code references market capitalization bounds that are not defined in the shown excerpt, so that part of the example is incomplete.

Key ideas

• The screen requires RSI below 65 and specified price-to-earnings and price-to-book ranges.
• It defines the upward moving-average condition as the 30-day average exceeding the 60-day average.
• The method combines price-based signals with valuation filters for Shenzhen main-board shares.
• The article reports no performance evidence and identifies market conditions and omitted company factors as risks.

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