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Metaverse Stock Screen Using Relative Volume and RSI

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Summary

This stock-selection rule narrows its universe to companies classified in the metaverse industry, then requires relative volume to be above 1.5 and below 6 and a six-period RSI below 65. The accompanying explanation presents the volume range as a filter for trading activity and RSI as a way to find stocks that may be in a decline, with the aim of identifying possible rebound opportunities. It mentions MACD and DMI as possible additional indicators for screening.

The document includes formula references and a sample data workflow, but supplies no backtest, trade rules, holding period, portfolio method, or evidence that the filters identify profitable rebounds. Its interpretation of RSI below 65 as indicating a downtrend is not established by results in the post. The author cautions that the narrow criteria can leave few candidates and omit market sentiment, capital flows, fundamentals, and broader risk conditions. The sample code also contains incomplete portions, so it is not a fully specified or validated implementation.

Key ideas

  • The screen restricts candidates to the metaverse industry and applies relative-volume and six-period RSI thresholds.
  • The post frames the filters as a way to seek possible rebounds in declining stocks.
  • MACD and DMI are suggested as supplementary indicators, without a tested combined rule.
  • The narrow screen may produce few candidates and does not account for fundamentals or broader market conditions.
  • No backtest evidence or complete trading and portfolio rules are provided.

Tags

EquitiesMean reversionTechnical indicatorsVolatility

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