Screening Chinese Metaverse Stocks with RSI and Daily Gains

Summary

The article outlines a Chinese equity screening rule that selects main-board stocks associated with the metaverse theme when their 14-period RSI is below 65 and their daily gain exceeds 1%. It presents the RSI condition as a possible rebound setup, while a positive daily move is treated as evidence of near-term trading interest. The themed-sector filter is intended to focus on a market topic attracting investor attention.

The post includes example SQL-style and Python screening logic, along with filters for suspended or specially designated stocks and a market-cap ranking. It does not provide backtest results or evidence that the screen has been profitable. The author cautions that reliance on themes and short-term price movements can increase trading costs and overlook company fundamentals. Suggested refinements include considering valuation and earnings measures, evaluating firms and industries more carefully, and matching the holding period to a longer-term investment thesis. The code examples and explanatory text should be checked for consistency before use.

Key ideas

• The screen combines a 14-period RSI below 65 with a daily price gain above 1% and a metaverse-sector filter.
• The article frames the RSI condition as a possible rebound signal and the daily gain as short-term market interest.
• Example screening logic also removes certain stock categories and ranks qualifying stocks by market capitalization.
• The post warns that thematic and price-based filters can neglect fundamentals and raise trading costs.
• It recommends adding fundamental measures and reviewing the intended investment horizon.

Tags

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