A-Share Screen for RSI Below 65, Seven Down Days, and Metaverse Exposure

Summary

This article proposes selecting Chinese A-share companies tagged with the metaverse concept, with RSI below 65 and seven consecutive sessions in which the close is below the open. It combines a momentum oscillator threshold, a run of weak daily candles, and a thematic classification. The page gives example code for retrieving stock and industry data, calculating RSI, and filtering candidates, but it reports no backtest results, portfolio outcomes, or evidence that the conditions predict returns.

The author warns that the screen does not assess company fundamentals and that a metaverse label may reflect speculative enthusiasm. Possible improvements include reviewing financial quality, price and volume patterns, market conditions, and refreshing selections as data changes. The sample implementation has an apparent logic inconsistency: after checking whether all seven sessions satisfy the candle condition, it skips those cases, which conflicts with the stated requirement. The indicator data retrieval and concept classification also require validation before use. The strategy is best treated as an illustrative screen rather than a tested trading system.

Key ideas

• The proposed filter combines RSI below 65, seven sessions with close below open, and metaverse classification.
• The screen mixes price-based conditions with a thematic label but supplies no return evidence.
• The author recommends adding fundamental, volume, and broader market analysis.
• The sample code appears to exclude rather than retain candidates meeting the seven-session condition.

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