Metaverse Stock Screening with Three Concurrent Golden Crosses

Summary

This document describes a Chinese equity screen for companies associated with the metaverse concept. It looks for a simultaneous bullish crossover in MACD and two moving-average pairs: the 5-day average over the 10-day average and the 5-day average over the 20-day average. It also excludes stocks that hit the daily upper price limit on the prior day.

The article gives screening expressions and a Python-style example, but the example adds a recent “hot stocks” filter that is not part of the stated final selection logic. It offers no backtest results or performance evidence. The author identifies risks from relying too heavily on technical signals, missing continued momentum by excluding prior limit-up stocks, and selecting unsuitable companies. Suggested refinements include adding fundamental and liquidity measures and testing the rules historically; those proposals are not evaluated in the document.

Key ideas

• The screen targets metaverse-related Chinese stocks that show three concurrent bullish crossovers.
• It combines a MACD crossover with short moving-average crossovers against two longer averages.
• It excludes stocks that reached the daily upper price limit on the previous day.
• The Python example includes a recent-hot-stock filter that differs from the final stated logic.
• The document provides no evidence of profitability and recommends backtesting and broader evaluation.

Tags

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