Chinese Metaverse Stock Screen Using Moving Averages and Limit-Up History
Summary
This document describes a Chinese equity screen for stocks classified in the metaverse industry. It selects shares whose opening price is near the 10-day moving average and that recorded at least two limit-up sessions within the prior 500 days. The accompanying indicator logic expresses these as a moving-average crossover condition and a count of limit-up events; a Python example also checks listing age, price history, and proximity to the average.
The author frames proximity to the average as a way to find relatively stable price action and repeated limit-ups as a sign of growth potential, but provides no performance results or validation. The stated limitations are that the screen relies heavily on technical behavior, may omit fundamentals and longer-term context, and may return few or imprecise candidates. Suggested extensions include adding valuation, earnings, other technical measures, market capitalization, and turnover filters. These additions are suggestions rather than tested improvements.
Key ideas
- The screen focuses on metaverse industry stocks whose opening price is close to the 10-day moving average.
- It requires at least two limit-up sessions during the preceding 500 days.
- The example implementation also excludes recently listed stocks and securities with insufficient price history.
- The document offers no backtest evidence and warns that technical-only filters overlook fundamentals and long-term trends.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.