Metaverse Stock Screening with MACD and Two-Day Highs

Summary

The document describes a Chinese equity screen focused on the metaverse industry. It combines a MACD bullish crossover with a rule requiring the previous session’s high to be the highest within a two-session window, and excludes stocks identified as 科创板 listings. The article presents the rule as a way to identify upward momentum and use a recent high to frame exits, but it does not provide backtest results or performance evidence.

It also sketches possible refinements, including adding fundamental, volume-price, and turnover measures, and widening the high-price lookback to reduce sensitivity to false signals. Its discussion flags limited company analysis, rapidly changing indicator signals, and false breakouts as risks. The accompanying sample code has apparent data-field inconsistencies, and the stated “three indicators” are not specified in the final screening conditions, so the implemented method is narrower than the description suggests.

Key ideas

• The screen targets metaverse-sector stocks showing a MACD bullish crossover.
• It requires the prior session’s high to be the two-session maximum.
• The article also excludes a specified Chinese technology-board listing category.
• It identifies short-term signal noise and absent company fundamentals as limitations.
• The document offers no empirical performance evidence.

Tags

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