Metaverse Stock Screening with an Opening-Gain Cap and RSI Filter

Summary

This note describes a Chinese A-share screening rule for stocks in the metaverse sector. It combines a 9:25 a.m. price-gain ceiling of 6% with an RSI reading below 65, aiming to identify stocks with limited early-session gains and a moderate momentum reading. It also gives example formula and Python implementations for selecting the sector and checking the conditions.

The article provides no backtest, performance figures, or empirical evidence that the screen predicts profitable trades. It cautions that the approach focuses on short-term signals and may not suit long-term investing; market volatility can also undermine the selection. The suggested additions of other indicators or fundamental filters are possibilities rather than tested improvements. The code’s use of daily price data may not precisely reproduce a 9:25 a.m. condition, so implementation details should be checked before relying on the screen.

Key ideas

• The screen restricts candidates to metaverse-sector stocks.
• It requires the 9:25 a.m. gain to be below 6% and RSI to be below 65.
• The article offers formula and Python examples but reports no performance testing.
• Short-term price signals may fail in volatile markets and do not establish long-term suitability.

Tags

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