Metaverse Stock Screen Using a 250-Day Average and Afternoon Order Flow

Summary

This Chinese stock-selection note describes a screen for metaverse-related equities. It combines membership in the theme with a prior-day price above the 250-day moving average and positive afternoon net inflow from large orders. The intended rationale is to pair a long-term price trend filter with a measure of buying pressure, then select stocks that meet all three conditions. The document also gives example indicator and Python implementations, though the example uses a single historical date and does not report performance results.

The author cautions that the conditions are simple and may produce unstable selections as markets change. Suggested refinements include using different filters for different sectors, adding indicators such as MACD or KDJ, and considering company fundamentals such as revenue and earnings. These suggestions are not evaluated in the note. The screen relies on a thematic classification and order-flow measure whose definitions and data quality may vary by provider; the document does not specify portfolio sizing, exits, transaction costs, or a testing framework.

Key ideas

• The screen requires metaverse theme membership, a price above the 250-day moving average, and positive afternoon net large-order flow.
• The moving-average condition is intended to filter for a stronger long-term price trend.
• Positive large-order flow is used as a proxy for buying pressure.
• The note warns that simple filters can be unstable and suggests adding sector-specific, technical, and fundamental criteria.

Tags

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