Stock Screen Using RSI Below 65, Seven Down Days, and an $18.50 Price

Summary

The document outlines a simple A-share stock screen based on three conditions: RSI below 65, seven consecutive down sessions, and a current share price of 18.5 yuan. It gives a formula reference for RSI with a default lookback of 14 sessions and a Python example intended to retrieve market data, exclude stocks classified as special treatment, check recent candles, and print matches. The stated logic is a filter for candidates, not a complete entry, exit, or portfolio strategy.

The accompanying discussion warns that the screen omits company fundamentals and broader market information, and that a fixed price condition can limit applicability and make selections unstable. It suggests incorporating fundamental, market, and industry context and adjusting the screen as conditions change. No backtest, benchmark, risk controls, or evidence of predictive performance is reported. The prose also describes the price as exactly 18.5 yuan, so it is unclear whether a price range was intended.

Key ideas

• The screen combines RSI below 65 with seven consecutive declining sessions and a price of 18.5 yuan.
• The example uses a 14-session RSI reference and filters for recent down candles.
• The author notes that the rules omit fundamentals and market context.
• No backtest or evidence of returns is provided, and the exact price condition may constrain the screen.

Tags

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