Metaverse Stock Screening with a Price and Prior-Low Filter

Summary

This note describes a simple Chinese equity screen combining metaverse-theme membership, a close above the previous session’s low, and a closing price fixed at 18.5 yuan. It presents the prior-low comparison as a short-term price-strength condition and provides example indicator and Python implementations, including an illustrative stop based on a rolling low.

The article gives no backtest, performance evidence, or rationale for the exact price threshold. It cautions that price alone does not establish investment quality, that a fixed-price rule narrows the candidate set, and that the screen omits fundamentals and broader market context. It suggests adding financial measures and technical indicators, but does not test those additions. The strategy is therefore a basic screening example rather than evidence of a profitable trading system.

Key ideas

• The screen requires metaverse classification, a close above the prior day’s low, and a close of 18.5 yuan.
• The prior-low comparison is intended to indicate short-term price strength.
• A fixed share-price condition can sharply limit candidate diversity without demonstrating an investment advantage.
• The article recommends combining price filters with fundamental and technical analysis.
• No performance results or validation are reported.

Tags

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