Metaverse Stock Screening with Arc Patterns and Moving-Average Alignment

Summary

This note describes a proposed equity screen for metaverse-related stocks that show a rounded price pattern and at least five overlapping moving averages. It frames the combination as a way to identify possible trend candidates, then revises the screen to require a bullish BBI reading and expanding volume. The BBI is formed from moving averages of typical price over several lookback periods; the example code treats price above BBI and volume above twice a five-day average as qualifying conditions.

The document offers no backtest, performance data, or empirical validation for either version. It cautions that moving averages lag and that the original screen omits other technical and fundamental factors. The arc-pattern measure is left as a custom placeholder, so the pattern rule is not reproducible from the example. Its claims about improved reliability are suggestions rather than demonstrated results.

Key ideas

• The initial screen combines metaverse industry classification, an arc-shaped price pattern, and overlap among at least five moving averages.
• The revised screen substitutes bullish BBI positioning and increased volume for the moving-average overlap condition.
• The example defines increased volume as more than twice its five-day moving average.
• The rounded-pattern indicator is unspecified, limiting reproducibility.
• The note warns that moving averages lag and that the screens omit broader technical and fundamental information.

Tags

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