Metaverse Stock Screen Using Prior-Day Low and Moving-Average Trend

Summary

This A-share screening rule combines three conditions: membership in the metaverse concept, a closing price above the previous day’s low, and a 20-day moving average above the 120-day moving average. The article interprets the price condition as a sign of relative strength and the moving-average comparison as confirmation of a broader upward trend. Its sample code also sketches equal allocation among selected stocks and a stop level based on a recent rolling low.

The article cautions that moving averages lag and that its selection criteria may not be sufficiently discriminating. It suggests adding other indicators or adapting criteria to market conditions. No historical test or performance figures are provided, and the sample allocation and stop-loss rules are examples rather than validated portfolio controls. The screen therefore describes a candidate-selection method, not evidence of a profitable strategy.

Key ideas

• Select metaverse-related stocks whose close is above the previous session’s low.
• Require the 20-day moving average to exceed the 120-day average as a trend filter.
• The sample code proposes equal allocation and a stop based on a recent rolling low.
• Moving averages lag, and the document recommends additional filters to address limitations.
• No backtest or results are reported to establish the screen’s effectiveness.

Tags

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