Stock Screening with RSI, Price, and a Rising 30-Day Average

Summary

This Chinese-language post describes a stock screen combining three conditions: RSI(6) below 65, closing price below 12 yuan, and a 30-day moving average that rose from the previous session. It gives the corresponding indicator definitions and suggests extending the screen with company size, leverage, profitability, valuation, industry, and market-environment filters. It also mentions excluding specially treated stocks and considering multi-factor approaches.

The rationale offered is that RSI may indicate overbought or oversold conditions, a rising average signals an upward trend, and low-priced shares may have value. Those claims are not supported with backtest results or performance data, and the post’s characterization of RSI below 65 as an oversold signal is not established by evidence here. The author cautions that a short-term technical screen can miss fundamentals and broad-market weakness, and that sharp price moves may undermine timely adjustments. The proposed additions are suggestions rather than a tested strategy.

Key ideas

• The screen requires RSI(6) below 65, a closing price below 12 yuan, and a rising 30-day moving average.
• The post proposes adding fundamental, valuation, industry, and market-context filters.
• It warns that technical indicators alone may overlook weak fundamentals or broad-market declines.
• The document provides no backtest evidence to establish the screen’s performance.

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