Metaverse Stock Screening with Three Simultaneous Bullish Crossovers

Summary

This stock-selection method focuses on companies classified in the metaverse industry. It requires three bullish technical crossovers on the same day: MACD crossing above its signal line, the five-period moving average crossing above the ten-period average, and the five-period average crossing above the twenty-period average. It adds a price-location filter, accepting stocks whose opening price is within two percent of the ten-day average of opening prices. The document describes the combination as a way to identify technically strong candidates while constraining the opening price’s distance from its recent average.

The article provides screening conditions and sample code, but gives no backtest, trade outcomes, or evidence that the filters improve returns or reduce risk. It notes possible errors in interpreting the opening-price condition and the possibility of weak companies passing because fundamentals are excluded. It recommends examining fundamentals and applying risk controls such as stop losses. The screen is a candidate-generation rule only; it does not define portfolio construction, execution, or exit timing.

Key ideas

• The universe is restricted to stocks identified with the metaverse industry.
• The screen requires MACD and two moving-average bullish crossovers to occur together.
• The opening price must remain within two percent of its ten-day opening-price average.
• The method provides no performance evidence and does not specify portfolio or exit rules.
• Fundamental screening and explicit risk controls are suggested as additions.

Tags

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