Metaverse Stock Screen Using Prior Lows and an Opening-Gain Filter

Summary

This Chinese stock screen selects companies associated with the metaverse theme, whose closing price is above the previous day’s low, and whose 9:25 gain is below 6%. The description interprets the close-versus-low condition as evidence of a favorable short-term trend or rebound potential, and the opening filter as a way to avoid stocks that have already risen sharply. It supplies indicator and Python examples, including a comparison involving closing prices, but does not report a backtest, candidate count, or realized returns.

The article cautions that a single early-session price filter can miss later market moves and exclude stocks that rise beyond the cutoff before subsequently recovering. It proposes adding financial measures or relative-strength and RSI signals. The timing and formula are not fully consistent: the stated 9:25 condition is paired with a formula based on historical closing prices, so the intended data and calculation need clarification before implementation. The screen is a heuristic, not evidence of an established edge.

Key ideas

• The screen combines metaverse theme membership, a close above the prior day’s low, and a 9:25 gain below 6%.
• The author treats the price comparison as a possible short-term rebound or trend signal.
• An early-session threshold may miss later price changes or exclude stocks that later recover.
• The documented formula does not clearly match the stated 9:25 timing condition.
• No backtest or measured performance evidence is supplied.

Tags

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