Stock Screening with a Rising 30-Day Average, Positive P/E, and RSI Below 65

Summary

This Chinese-language post presents an equity screen combining three conditions: a positive price-to-earnings ratio, a 14-period RSI below 65, and a 30-day moving average that is rising. Its example implementation also requires the latest close to be above the 30-day average, then checks that the average exceeds its prior value. The author frames the moving-average condition as a way to select stocks with recent upward strength, while the P/E filter excludes companies with nonpositive values.

The post offers no performance results or evidence that the screen predicts returns. It warns that a rising average may encourage overconfidence and that buying popular stocks in a bull market can lead to excessive exposure and losses during a pullback. It suggests adjusting the average’s lookback period and considering other indicators or price-volume data, while monitoring broader market conditions. The example code uses historical data with a fixed date range and legacy data calls; it is a screening illustration, not a documented backtest or complete portfolio and risk-management process. A positive P/E and RSI threshold alone do not establish fair value or future upside.

Key ideas

• The screen requires a positive P/E ratio, RSI below 65, and a rising 30-day moving average.
• The example additionally requires the latest close to exceed the 30-day average.
• The author cautions that strong recent trends can encourage overconfidence and leave a screen exposed to pullbacks.
• The post suggests testing other moving-average periods and combining technical, price-volume, and market context.
• No performance study is provided, so the screen’s return potential remains unestablished.

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