A-Share Screening with Metaverse Membership, Opening Gap, and Moving Averages
Summary
The note describes an A-share screening rule combining membership in the metaverse theme, an opening price rise below a threshold at 9:25, and moving-average alignment. Its stated rationale is to narrow the theme universe to stocks with a relatively restrained opening move and a stable-looking trend. It also presents an indicator formula and a Python sketch that retrieves sector members and daily prices.
The examples do not fully implement the prose rule: the formula specifies a five-day average crossing a ten-day average, while the Python sketch checks how often the five-day average exceeds the ten-day average. The opening-price calculation uses daily open and prior close, which may not represent a 9:25 snapshot. No backtest or performance evidence is provided. The note flags that technical filters can miss fundamentals and industry effects, and that overlapping averages may occur in sideways markets or before a reversal. Its suggestions include combining fundamental measures with technical analysis and adapting the filters to market conditions.
Key ideas
- The screen starts with stocks assigned to the metaverse theme.
- It filters for an opening rise below the stated threshold and a relationship between short and longer moving averages.
- The provided formula and Python example implement the moving-average condition differently.
- The note gives no performance evaluation and warns that technical filters can overlook fundamentals and fail in a reversal.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.