Metaverse Stocks Near the 10-Day Average with a 30-Week Average Cross

Summary

This Chinese stock-screening note combines an industry filter with two moving-average conditions. It selects stocks classified in the metaverse industry, with the opening price around or above the 10-day moving average, and a weekly price series crossing above its 30-week moving average. The note gives an indicator-formula outline and a Python example using market data, though the example’s daily rolling-average calculations do not clearly implement the stated weekly 30-week test.

The rationale is to pair industry exposure with a possible technical uptrend. The note cautions that relying on only a few criteria leaves market-direction risk and may exclude other attractive stocks. It suggests adding valuation or size measures and other technical inputs, but provides no backtest, performance data, or evidence that the screen predicts returns. The stated conditions and sample implementation should therefore be treated as a screening idea requiring careful validation, especially because the code and the described weekly signal appear inconsistent.

Key ideas

• The screen first restricts candidates to stocks in the metaverse industry.
• It looks for an opening price near or above the 10-day moving average.
• A weekly moving-average crossover above the 30-week average is the intended trend condition.
• The article provides formula guidance and sample code, but the code does not clearly match the weekly rule.
• The author warns that a small number of selection factors can create prediction and opportunity risks.

Tags

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