Screening Metaverse Stocks for Seven Consecutive Declines Near the 10-Day Average

Summary

This note describes an equity screen for companies in the metaverse industry. It selects stocks whose opening price is near the 10-day moving average and that have recorded seven consecutive sessions in which the close was below the prior close. The article also gives formula and code references for implementing the conditions.

The screen combines an industry classification with price-based filters, but the document reports no backtest, selected stocks, or evidence of returns. It acknowledges that the rules omit broader market and fundamental information and may not predict future direction reliably. The code example also uses historical price windows whose construction may not match the stated opening-price condition, so the implementation details and timing need careful validation before use.

Key ideas

• The screen restricts candidates to stocks classified in the metaverse industry.
• It requires the opening price to be near the 10-day moving average.
• It identifies seven consecutive sessions with a lower close than the previous session.
• The article warns that the screen omits other market and fundamental factors and supplies no performance evidence.

Tags

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