Stock Screening with RSI, Three Down Closes, and Rising Lows

Summary

This Chinese-language post outlines an equity screen that combines RSI below 65, three consecutive down sessions, and a rising-bottom condition. It frames the first two signals as signs of recent weakness and the rising-bottom measure as evidence of a possible rebound. The post includes formula and Python examples intended to implement the filters, alongside suggestions to add sentiment, financial data, moving averages, or MACD for further screening.

The material describes a technical screening hypothesis, not a demonstrated strategy: it provides no backtest, trade rules, benchmark, or return and risk results. It also acknowledges that market sentiment and other indicators are omitted and that the rising-bottom condition may not suit every stock. The supplied implementations should be checked carefully before use, since the examples may not express the described calculation consistently. Signals alone do not establish that a candidate has investment value or that a rebound will follow.

Key ideas

• The proposed screen combines RSI below 65 with three consecutive sessions that close below their opens.
• A rising-bottom condition is used to seek stocks that may be recovering despite recent weakness.
• The post suggests adding sentiment, financial data, or other technical indicators to broaden the analysis.
• No backtest or performance evidence is supplied, and the indicators may miss relevant factors or suit some stocks poorly.

Tags

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