Stock Screening with Amplitude, Listing Age, and RSI
Summary
This Chinese stock-screening note describes selecting equities with daily amplitude above 1, a listing age beyond a specified period, and RSI below 65. Its stated rationale is to find stocks showing movement and potential upward momentum without an overbought RSI reading. The accompanying formula references amplitude, listing date, and RSI; example Python logic uses a one-year listing-age filter and checks recent RSI data.
The article says the screen leaves out factors such as turnover and MACD to focus on technical conditions. It cautions that the method omits company fundamentals, may be too restrictive, and could perform poorly during unusual market conditions. It suggests adding fundamental and industry measures or combining other technical indicators. No backtest results or performance evidence are provided, and the listing-age threshold in the core description is unspecified; the code example supplies a particular age filter that may not match every use case.
Key ideas
- The screen combines amplitude above 1 with a minimum listing age and RSI below 65.
- The RSI condition is intended to avoid stocks considered overbought by this indicator.
- The article identifies missing fundamental analysis and overly strict filters as risks.
- It provides formulas and example screening logic but reports no performance test.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.