A-Share Screen for Metaverse Stocks Using Circulation and MACD

Summary

This stock-selection screen targets companies in China’s metaverse industry whose circulating share count is at most 5.5 billion and whose MACD value from two trading days earlier is below zero. The post presents the rule as a way to narrow the universe by industry, share circulation, and a lagged technical indicator. It also gives examples of expressing the screen in a stock-selection formula and using market data and historical prices to calculate MACD.

The article cautions that a negative MACD reading alone can miss fundamental conditions and broader market context, and that technical indicators can produce false signals. It suggests combining the screen with other technical measures and financial data, though it does not define or test those additions. No portfolio construction rules, benchmark comparison, backtest period, trading costs, or performance evidence are reported. The final suggestion to require strong fundamentals is not operationalized, so the described screen is a starting filter rather than a complete trading strategy.

Key ideas

• The screen selects metaverse-sector A-shares with circulating shares no greater than 5.5 billion.
• It requires the MACD value from two sessions earlier to be negative.
• The article identifies fundamental conditions and market context as omitted inputs.
• It proposes adding technical and financial filters but reports no backtest or performance results.

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