Screening Metaverse Stocks by Opening Price, Volume, and Gap

Summary

This document describes a daily stock screen for companies classified in the metaverse industry. It looks for an opening price near the 10-day moving average, trading volume above 10,000 shares, and an opening gap greater than 2% versus the previous close. The examples express the conditions as both a formula and a Python data filter, with the Python version also excluding recently listed stocks and requiring at least 20 price observations.

The note frames the screen as a way to combine trend proximity, activity, and a positive opening move, but provides no backtest, return data, or comparison against a benchmark. It warns that relying on price and volume alone can omit fundamental and broader market conditions. It suggests adding company, financial, industry, and market information, and adjusting the criteria as conditions change. The described rules are screening conditions, not a complete entry, exit, or risk management plan.

Key ideas

• The screen targets metaverse industry stocks whose opening price is close to the 10-day moving average.
• It requires volume above 10,000 shares and an opening gap above 2% from the prior close.
• The Python example also filters out stocks listed less than two years and requires at least 20 observations.
• The document gives no performance evidence and notes that technical and volume filters can overlook fundamentals and market conditions.

Tags

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