Stock Screening with Range, Ten-Day Return, RSI, Valuation, and Growth

Summary

This stock screening approach combines daily price movement, recent performance, and momentum with valuation and revenue growth filters. It selects shares whose daily high-low range exceeds one percent, whose ten-day return is positive but below 35%, and whose six-period RSI is below 65. The final stated logic also requires price-to-book below 3 and year-over-year revenue growth above 10%. The accompanying examples show how to express the initial technical filters and apply the valuation and growth conditions in a data workflow.

The article frames moderate recent gains and an RSI below the threshold as ways to seek advancing stocks without selecting the most overheated names. It warns that RSI can lag or produce false signals, and that a technical screen can overlook business fundamentals; it recommends risk control and broader analysis. No backtest, portfolio construction rules, or realized results are reported. The examples also differ in implementation details, so the exact screen should be checked against the intended data definitions before use.

Key ideas

• The screen combines a daily range threshold, positive but capped ten-day return, and RSI below 65.
• The final selection logic adds price-to-book below 3 and year-over-year revenue growth above 10%.
• The article describes RSI as a potentially lagging indicator that may produce false signals.
• It notes that technical filters alone can miss important fundamental information.
• The document provides screening examples but no backtest or performance results.

Tags

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