Metaverse Stock Screen with Rising 30-Day Average and Opening Gap

Summary

This Chinese stock-screening note selects companies classified in the metaverse concept, then filters for an upward-moving 30-day average and an opening gap between roughly -2% and 5% relative to the previous close. The examples express the concept membership, moving-average comparison, and opening-price condition as screening rules. A Python illustration also ranks qualifying stocks by opening price and keeps up to ten, though that ranking step is not explained as part of the core criteria.

The author frames the method as a technical screen and cautions that it may omit fundamental information, that opening-price changes can be noisy or unreliable, and that broad market timing can still lead to losses. The note recommends considering other indicators, industry conditions, company fundamentals, and overall market context. It supplies no backtest, return data, or evidence that the selected conditions have predictive value, so the rules are best understood as a screening example rather than a validated trading strategy.

Key ideas

• The screen focuses on stocks tagged to the metaverse concept.
• It requires the 30-day moving average to rise and the opening gap to fall within the stated range.
• The code example additionally ranks qualifying stocks by opening price and selects up to ten.
• The author warns that the rules rely heavily on technical data and that opening moves can be noisy.
• No performance results or validation are provided.

Tags

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