Stock Screening with RSI, Beverage Import-Export Classification, and MACD

Summary

This Chinese stock-screening post describes a rule combining a 14-period RSI below 65, membership in the beverage and alcohol import-export industry category, and a positive daily MACD reading. The author presents the filter as a way to find stocks that may be in an upward moving-average arrangement and have room to rebound. RSI is described as a gauge of overbought or oversold conditions, the industry category as a noise filter, and MACD as a buy or sell signal indicator.

The post offers a conceptual explanation and formula references, but no backtest, performance data, or evidence that the three conditions reliably identify rebounds. Its caveats include potentially selecting too few stocks, sensitivity to moving-average choices, and ambiguity in industry classifications. The discussion also suggests adding fundamental filters and adjusting moving-average settings, though those are not part of the stated final screen. The supplied code sketches calculate RSI and MACD for filtering, but do not establish a complete trading, portfolio, or risk-management process.

Key ideas

• The screen selects stocks with RSI below 65, a specified beverage and alcohol import-export classification, and positive daily MACD.
• The post associates the filter with stocks in a bullish moving-average arrangement that may rebound.
• It describes RSI as an overbought or oversold gauge and MACD as a source of trading signals.
• The post warns that industry labels and moving-average settings may produce classification errors or too few candidates.
• It provides no backtest or measured evidence for the strategy's performance.

Tags

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