Stock Screening with RSI, Bid-Ask Volume, and Popularity

Summary

This Chinese-language post describes an equity screen using a 14-period RSI below 65, first-level bid volume greater than first-level ask volume, and a ranking by stock popularity. It presents the RSI as a price-condition filter, the bid-versus-ask comparison as a rough sentiment signal, and popularity as a way to prioritize actively discussed or traded names. The post suggests that this combination may identify stocks with relatively subdued RSI readings and high market attention.

The author cautions that popularity can be inflated while a company’s fundamentals are weak, and that unstable market conditions add risk. Suggested refinements include checking financial strength, growth, market share, competition, earnings per share, and valuation measures such as PEG. The post supplies formula and Python examples, but no performance evidence or defined test methodology. Its discussion therefore outlines a screening concept rather than demonstrating that it produces returns; data definitions for popularity and order-book volumes also need clarification before the screen can be reproduced reliably.

Key ideas

• The screen filters stocks with a 14-period RSI below 65.
• It requires first-level bid volume to exceed first-level ask volume.
• Eligible stocks are ranked by a popularity measure whose definition is not explained.
• The post recommends adding fundamental and financial analysis to address popularity and market risks.

Tags

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