Screening Metaverse Stocks for a Rising Base and Rounded Bottom
Summary
This note outlines an A-share screening idea that combines a metaverse industry classification with a rounded price pattern and rising lows. It presents the rising-base condition using successive comparisons of rolling 20-day lows, while the rounded pattern is left as a custom indicator. The author suggests adding indicators such as KDJ, MACD, or RSI to refine the screen.
The document gives illustrative formula and Python approaches, but no backtest, performance evidence, or precise definition of the rounded pattern. It warns that rising lows can be interpreted subjectively and may return few stocks. Industry membership also depends on the chosen data source or a user-defined classification, so the screen's results may vary. The idea is a candidate selection method rather than a validated trading strategy.
Key ideas
- The screen combines metaverse industry membership with a rounded price pattern and rising lows.
- The rising-base condition compares rolling 20-day lows with shifted values.
- The rounded pattern requires a custom definition because no standard formula is provided.
- The author suggests adding common technical indicators to reduce misclassification.
- The note provides no backtest or evidence that the screen predicts returns.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.