Stock Screening with RSI, Profit Growth, and Positive Auction Net Buying

Summary

This post outlines a Chinese A-share screen combining three inputs: RSI below 65, year-over-year growth in net profit attributable to the parent company above 20% and no more than 100%, and positive net buying attributed to major participants during the auction. It presents the approach as a blend of technical, fundamental, and capital-flow filters. Code examples sketch ways to calculate RSI and profit growth and to apply the filters, though the implementation details and data fields are platform dependent.

The article cautions that market swings and changing financial data can affect the screen, that auction-flow information may be delayed, and that profit growth alone omits balance-sheet and cash-flow analysis. It suggests adding more technical and financial measures and risk controls. No backtest, measured performance, or evidence of predictive value is provided, and the rationale that RSI below 65 implies a buying opportunity is not substantiated in the post.

Key ideas

• The screen combines RSI below 65, bounded year-over-year parent-company profit growth, and positive auction net buying.
• The proposed filters span technical, fundamental, and capital-flow data.
• The post identifies delayed flow information and incomplete financial analysis as limitations.
• It offers no performance tests supporting the screen's predictive value.

Tags

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