Metaverse Stock Screen Using Turnover, Intraday Lows, and a Moving Average

Summary

This stock screen targets companies classified in the metaverse theme. It first requires prior-day turnover above 8%, then selects stocks whose current day’s low falls between 4% and 5% below the preceding close. The final version adds a trend filter: the closing price must be above its 20-day moving average. The document also provides example formulas and a Python outline for retrieving stock data and applying these conditions.

The screen combines a theme classification, a liquidity or activity measure, a sharp intraday decline, and a moving-average filter. The author cautions that the method relies heavily on technical conditions and omits company fundamentals such as financial health, valuation, and growth prospects. No backtest results or evidence of profitability are supplied, and the page advises caution because the selected stocks may be volatile. The rules define a candidate-selection process, not a complete trading system with entry timing, exits, or position sizing.

Key ideas

• The screen restricts candidates to stocks classified in the metaverse theme.
• It requires prior-day turnover above 8% and an intraday low between 4% and 5% below the previous close.
• The final rule also requires the closing price to exceed its 20-day moving average.
• The document provides example formulas and a Python-based stock selection outline.
• The strategy omits fundamental analysis and provides no backtest results or complete trading rules.

Tags

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