Metaverse Stock Screening with a Weekly Moving Average Crossover

Summary

This Chinese equity screen first limits candidates to the metaverse theme, then requires the opening price at 9:25 to be less than six percent above the previous close. It also looks for the weekly five-period moving average to cross above the ten-period average, treating the crossover as a possible sign of improving direction. The accompanying example further ranks qualifying shares by market capitalization and selects a small subset.

The document provides screening formulas and a code outline, but no reported backtest or measured evidence that these conditions produce favorable returns. It notes that relying on a weekly crossover can miss daily fluctuations and short-term timing, while the combined filters may leave few candidates and concentrate risk. Suggested additions include other indicators and finer time intervals, but the document does not test whether they improve the approach. The formula and code examples use differing descriptions of the opening-price condition, so that rule should be clarified before implementation.

Key ideas

• The screen combines metaverse membership with an intraday opening-price change limit.
• It seeks a weekly five-period average crossing above the ten-period average.
• The example ranks passing stocks by market capitalization and keeps a limited number.
• No performance results are supplied, and the rule set may produce few candidates.

Tags

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