Metaverse Stock Screening with Prior-Low and Rounded-Shape Conditions

Summary

This Chinese equity screening note combines a thematic universe filter with two price-based conditions. It selects stocks associated with the metaverse concept, requires the current close to exceed the previous session’s low, and applies a rounded-shape test based on the close, the 30-period highest high, and the 30-period lowest low. The post provides corresponding formula and Python sketches, and suggests possible additions such as market context, moving averages, financial measures, and risk controls.

The stated rationale is that the prior-low condition may indicate supportive price action and the rounded-shape condition may help identify potential breakouts. These are proposed interpretations rather than demonstrated findings: the note gives no backtest results or evidence that the pattern predicts returns. Its sample code also assigns equal weights to selected stocks and derives a stop level from a rolling low, but does not define timing, execution, or handling when no stocks qualify. The author cautions against relying on the pattern alone.

Key ideas

• The screen filters for metaverse-related equities and checks that the close is above the previous session’s low.
• A 30-period high-low formula represents the rounded-shape condition.
• The post suggests combining the technical screen with market context and financial measures.
• Its code sketches equal allocation among selected stocks and a rolling-low-based stop level.
• No performance evidence is supplied, and the pattern is not presented as a standalone guarantee.

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