Screening Metaverse Stocks Near the 10-Day Moving Average

Summary

This note proposes screening stocks in the metaverse industry whose opening price is near the 10-day moving average and whose float market capitalization is between 5 billion and 10 billion yuan. Its indicator example frames the price condition as a move above the average after the prior close was below it, alongside a prior-day opening-price check. The note also includes sample code for gathering stock and price data.

The rationale is to combine an industry classification and a price-based technical condition with a company-size filter. The document offers no backtest or other evidence that this combination predicts returns. It warns that the rules use only a few indicators and omit broader market and fundamental factors, and it flags data timing and source accuracy as implementation concerns. It suggests adding valuation measures or other factors, but does not specify or test such extensions.

Key ideas

• The proposed universe is metaverse-related equities with float capitalization in a stated range.
• The price condition looks for the opening price near or above the 10-day moving average after a weaker prior close.
• The note supplies illustrative formulas and data-gathering code, without performance results.
• It cautions that the screen is narrow and sensitive to market context and data quality.

Tags

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