Metaverse Stock Screening with MACD Crossovers and Turnover

Summary

This Chinese equity screen focuses on stocks in the metaverse industry that show three technical indicators crossing upward at once and had a previous-day actual turnover rate between 3% and 28%. The proposal presents turnover as a liquidity filter, intended to favor shares with enough trading activity for investors to enter and exit. Its stated technical condition specifies a MACD line crossing above its signal line, although the broader claim of three simultaneous indicators is not clearly defined in the accompanying implementation example.

The note cautions that technical signals can obscure business fundamentals, yesterday’s turnover may not reflect current liquidity, and the targeted industry is volatile. It suggests adding profitability and valuation checks and using more recent liquidity data. The example code and formula references do not establish a complete, reproducible selection process, and the document offers no historical test results or evidence of profitability. It also leaves portfolio construction, trade timing, and exit rules unspecified, limiting its value to an initial screening concept.

Key ideas

• The screen targets metaverse equities with a previous-day turnover rate between 3% and 28%.
• Its technical premise is a simultaneous upward crossover, with MACD and its signal line given as an example.
• The note treats turnover as a liquidity consideration but acknowledges its one-day lag.
• It recommends fundamental filters and more timely liquidity data.
• No backtest or trading performance evidence is provided.

Tags

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