Screening Metaverse Stocks by Opening Gain and Positive MACD
Summary
This note outlines a short-term Chinese equity screen for stocks in the metaverse sector. It requires the 9:25 price gain to be below 6% and MACD to be above its zero line. The document presents the rule as a way to find potential near-term opportunities and gives an indicator formula reference plus a Python sketch that retrieves sector and daily price data, calculates MACD, and checks a return threshold.
The author warns that the approach may overlook longer-term trends and that changing market conditions can undermine selected candidates; it is not presented as a long-term investment method. Additional technical signals such as KDJ or RSI and fundamental criteria are suggested as possible refinements. No historical evaluation, transaction assumptions, holding period, or performance results are supplied. The code sketch also checks a daily close-to-close return, which may not faithfully represent the stated 9:25 intraday condition, so the implementation would need validation before use.
Key ideas
- The screen focuses on metaverse stocks with a 9:25 gain below 6% and MACD above zero.
- The proposed signal combines a sector classification, an opening-time price condition, and a momentum indicator.
- The author cautions that the screen may miss long-term trends and may be affected by unstable market conditions.
- KDJ, RSI, and fundamental criteria are suggested as possible additions.
- No backtest or performance evidence is included, and the code sketch may not implement the stated 9:25 condition exactly.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.