Metaverse Stock Screening with Turnover and RSI Filters
Summary
This note describes a Chinese A-share screening rule for stocks classified in the metaverse theme. It selects stocks with turnover above 8% on the prior day and a 14-period RSI below 65, aiming to find actively traded shares that are not extremely overbought. It provides example indicator conditions and a Python outline that retrieves sector constituents and daily price data to apply the filters.
The document offers no backtest, performance data, or evidence that the screen improves returns. Its examples also use a specific year in the formula and have implementation details that may not align exactly with the stated prior-day turnover and current RSI conditions. The author flags the risk of ignoring company fundamentals and broader industry conditions, as well as entering too early. Additional technical or fundamental filters and capital-flow data are suggested, but not evaluated.
Key ideas
- The screen combines metaverse sector membership with prior-day turnover above 8%.\nIt requires a 14-period RSI below 65 to avoid selecting the most overbought names.\nThe document provides formula and Python examples but no tested performance evidence.\nThe author cautions that the rule omits fundamentals and may signal entry too early.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.