Metaverse Stock Screening with Positive Returns and MACD Above Zero
Summary
This note outlines a Chinese stock screen for metaverse-related companies with a positive recent price return and MACD above zero. The initial rule uses sector classification, the latest close relative to the previous close, and the MACD line with conventional fast, slow, and signal periods. The document then expands the proposed selection with market capitalization and revenue-growth rankings in the upper half of the universe.
The rationale is that positive returns and positive MACD may indicate favorable recent price behavior, while size and revenue growth add company filters. The note supplies formula and sample-code references but no backtest, benchmark, or measured outcomes. It acknowledges that the initial screen omits financial and valuation factors and that MACD can lead to early entries or missed opportunities; the suggested fundamental additions and risk controls are not evaluated.
Key ideas
- The basic screen selects metaverse stocks with positive daily returns and MACD above zero.
- The expanded proposal adds upper-half rankings for market capitalization and revenue growth.
- The note provides formula and code examples but no performance evidence.
- It warns that technical signals alone omit company fundamentals and may mistime entries.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.