Stock Screening with Intraday Large-Order Inflows and RSI

Summary

This short-term stock screen requires amplitude above 1, afternoon large-order net inflow, and a 14-period RSI below 65. The article presents volatility as a way to find active names, afternoon buying flow as a possible sign of demand, and the RSI threshold as a way to avoid the most overbought candidates. It proposes combining these signals with company fundamentals, financial analysis, industry context, and other technical indicators when building a broader selection process.

The post supplies example indicator expressions and Python-style code, but it presents no backtest, measured results, or evidence that afternoon flow predicts subsequent gains. It notes that the approach may overreact to short-term price and flow changes while overlooking company and sector conditions. The code example is also difficult to validate as written: it applies conditions across a month of data and contains ambiguous ticker-filter logic, so it should not be treated as a tested specification of the intended screen.

Key ideas

• The screen combines amplitude above 1, afternoon large-order net inflow, and RSI below 65.
• The RSI condition is intended to avoid stocks considered strongly overbought by this rule.
• The article recommends adding fundamental, financial, industry, and other technical checks.
• It gives no performance evidence and identifies sensitivity to short-term flows and price movements as a risk.

Tags

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