Screening Metaverse Stocks for a Curved Price Pattern and Daily Range

Summary

This Chinese stock-screening note targets companies labeled as part of the metaverse sector, then combines a curved price pattern with a daily amplitude threshold above 1. The formula example represents the pattern using recent lows, a rising 60-period moving average comparison, and a recent low at the current bar. These conditions aim to identify stocks whose price has held above a longer-term reference while showing a particular short-term low.

The author cautions that the screen relies on technical features and omits fundamentals and valuation. Pattern recognition may also be subjective, and the note suggests combining technical and fundamental measures, market flows, and sentiment for confirmation. The supplied code examples do not align perfectly: the prose mentions a 5-day versus 60-day average, while the formulas use a 60-day average comparison. No backtest, selected-stock examples, or performance results are given, so the screen’s effectiveness remains untested in the document.

Key ideas

• The screen combines metaverse sector membership, a curved-price-pattern proxy, and amplitude above 1.
• The formula describes the pattern through recent lows and comparisons involving a 60-period moving average.
• The note identifies missing fundamental and valuation filters as limitations.
• The written pattern explanation and formula examples differ in their moving-average conditions.
• No performance results or backtest are reported.

Tags

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