Short-Term Chinese Stock Screen Using Range, Price Highs, and RSI

Summary

This short-term A-share screening proposal filters for stocks with daily amplitude above 1, excludes special-treatment shares, applies a five-part limit-up setup, and requires RSI below 65. Its accompanying explanation characterizes the range condition as a way to find more volatile names and the RSI threshold as a way to avoid selecting stocks it considers relatively overbought. The provided Python example approximates the price-action condition by selecting stocks whose close equals the rolling five-session closing high.

The article cautions that the screen may omit fundamentals and company performance, and that individual stocks can move sharply; it also flags the risk of chasing rising prices or selling after declines. It suggests adding measures such as dividend yield and managing positions after selection. The post gives no results, benchmark, or backtest details. Its prose calls the approach a combination of fundamental and technical analysis, but the listed filters and example code mainly use price data and an ST-name exclusion, so the fundamental component is not clearly specified.

Key ideas

• The screen combines a daily range threshold, exclusion of ST shares, a five-session price condition, and an RSI ceiling.
• The example represents the price condition as a close at the rolling five-session closing high.
• The author warns that the filters omit substantial fundamental information and can expose users to sharp moves.
• Dividend yield and ongoing position management are suggested as possible additions.
• No backtest results or evidence of strategy performance are provided.

Tags

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