Metaverse Stocks Above the 250-Day Average with Shanghai Code Filter

Summary

This example describes a stock screen combining membership in the metaverse theme, a prior-day closing price at or above the 250-day moving average, and a stock code beginning with 60. It frames the long-term average as a price-trend filter and the code prefix as an exchange-related restriction. The article includes sample indicator syntax and Python that retrieves constituent and price data, checks the moving-average condition, applies further stock filters, and sorts results by trading amount.

The article warns that focusing on a popular theme and simple price conditions can overlook company fundamentals, and that a code prefix does not establish company quality. It recommends adding financial measures and industry analysis. The sample code includes extra constraints, such as excluding certain listings and applying size and listing-age filters, which go beyond the three conditions in the stated screen. It provides no backtest or performance evidence, so the method should be understood as a screening illustration rather than a validated strategy.

Key ideas

• The screen selects metaverse-related stocks with prior-day price at or above the 250-day average.
• It further restricts candidates to codes beginning with 60.
• The sample Python adds filters beyond those in the stated selection logic.
• The article cautions that theme and price filters do not establish fundamental quality.
• No historical performance evidence is reported.

Tags

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