A-Share Auction Screen for Metaverse Stocks with Rising Momentum

Summary

This article outlines a Chinese stock screen targeting the metaverse sector. It limits the share float, looks for positive large and extra-large buy orders during the opening auction, and requires an upward trend. The suggested trend check uses MACD, while the example formula also includes order-flow and chip-concentration conditions. A Python sketch illustrates filtering candidates with auction data and checking a MACD relationship against its signal line.

The author cautions that order-flow measures can be unreliable and that relying on them may produce unstable selections. The screen may also admit unattractive companies because its conditions are relatively permissive, while omitting financial and broader market risks. RSI, company analysis, and industry assessment are proposed as possible additions. The document reports no backtest, returns, or validation of its data sources and implementation, so it offers a screening hypothesis rather than evidence of an effective trading strategy.

Key ideas

• The screen focuses on metaverse stocks with a capped float and substantial large-order buying in the opening auction.
• An upward trend is part of the stated selection logic, with MACD used as an example check.
• The sample formula and code add conditions such as order-flow ratios and chip concentration.
• Auction order data can be an unstable signal and does not replace company or market risk analysis.
• No test results are provided to support the screen's effectiveness.

Tags

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