Metaverse Stock Screen Using Opening Gap, 10-Day Average, and RSI

Summary

The document outlines a China A-share screening rule focused on metaverse stocks. It selects shares whose observed opening gain is below 6%, whose open is within 5% of the 10-day moving average of closes, and whose 14-period RSI is below 60. It gives equivalent formula-style conditions and a Python-oriented example for applying the filters to sector constituents and daily price data.

The stated rationale is to combine a sector theme with price-based filters, but the document provides no backtest results or evidence of predictive performance. It cautions that an opening price near a moving average can be disrupted by market or sector events, and that technical filters alone can misread a stock's prospects. It suggests considering further technical and fundamental inputs, though it does not define or test a complete portfolio, execution plan, or risk controls.

Key ideas

• The screen starts with stocks classified in the metaverse sector.
• It filters for an opening gain below 6% and an open within 5% of the 10-day average close.
• A 14-period RSI below 60 is included as an additional condition.
• The document warns that price-only filters may be disrupted by market events and omit company fundamentals.
• No backtest evidence or portfolio and execution rules are provided.

Tags

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