Metaverse Stock Screen Using the Ten-Day Average and Recent Limit-Ups
Summary
This post describes a Chinese stock screen for companies in the metaverse industry whose opening price is near the ten-day moving average and that recorded at least one limit-up move within the prior 25 days. It presents indicator expressions and a Python example, with the latter using a five-percent proximity threshold for the opening price relative to the moving average.
The rationale is that recent limit-up activity may reflect attention and trading heat, while the moving average condition may help identify an entry area. The post supplies no performance statistics or backtest results. It warns that these indicators are limited, that recent hot themes can distract from longer-term prospects, and that a prior limit-up does not guarantee further gains; it also recommends adding broader fundamental and quantitative checks. The sample code's test for a 25-day high is not equivalent to directly checking for a limit-up event, so the implementation does not fully match the stated screen.
Key ideas
- The screen focuses on metaverse stocks opening near their ten-day moving average.
- It also requires at least one limit-up event within the previous 25 days.
- The post interprets recent limit-ups as a possible sign of attention, not as proof of continued gains.
- The Python example checks a recent high rather than directly detecting a limit-up event.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.