Metaverse Stocks with a Rising 30-Day Average and Seven Down Days

Summary

This Chinese equity screen selects stocks associated with the metaverse concept, requires the 30-day moving average to be rising, and looks for seven consecutive down sessions. The proposed interpretation is that a favorable medium-term trend may coexist with a recent pullback, creating candidates for further review. The document includes indicator-style formulas and sample Python logic for filtering concept labels, moving averages, and consecutive sessions where the close is below the open.

The screen is presented as a selection rule, not a demonstrated trading strategy: no backtest, returns, benchmark comparison, or entry and exit plan is reported. The accompanying discussion cautions that a short losing streak alone is not a reason to buy and that market conditions, company finances, industry position, and investor behavior matter. The code also differs from the stated moving-average condition by comparing the close with a lagged moving average rather than directly testing whether the average is rising, so implementations should verify that the filter matches the intended rule.

Key ideas

• The screen combines metaverse industry membership, a rising 30-day average, and seven consecutive sessions closing below their open.
• The proposed thesis pairs a medium-term upward trend with a short-term pullback.
• The document supplies example formulas and filtering logic but no results or backtest evidence.
• A streak of down sessions alone does not establish a favorable buying opportunity.
• The sample code’s moving-average comparison does not exactly match the stated rising-average rule.

Tags

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