Metaverse Stocks Ranked by Auction Value with Weekly MACD Confirmation
Summary
This note outlines a stock-selection rule for the Chinese metaverse theme. It ranks eligible shares by the day’s opening-auction amount, keeps the top five, and then requires weekly MACD to be above its zero line, with the fast line above the signal line. The post presents platform-specific expressions and a Python example intended to identify matching stocks.
The rationale combines auction activity as a measure of market interest with a positive weekly momentum filter. The author warns that broad market moves or changes in the industry could undermine the screen, and that MACD is an imperfect indicator. Suggested extensions include adding fundamental and technical measures and adjusting the rules for different market environments. The example code has an inconsistency: it describes auction-value ranking, but the Python portion sorts by circulating market capitalization, so it does not faithfully implement the stated ranking. No historical performance results are reported.
Key ideas
- The stated screen ranks metaverse stocks by opening-auction amount and selects the top five.
- A weekly MACD condition requires positive trend confirmation.
- The rationale combines market activity with a trend indicator.
- The Python example sorts by circulating market capitalization instead of auction value.
- The note gives risks and improvement ideas but no performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.