Screening Metaverse Stocks with a Five-Day Average and Opening Auction Range
Summary
This Chinese-language post describes a simple screen for stocks in the metaverse sector. It selects names whose price is above a five-day moving average and whose opening-auction change falls between -2% and 5%. The author frames the moving-average condition as a short-term strength filter and the auction range as a way to avoid extreme opening moves. The post also includes indicator formulas and a Python example intended to illustrate implementation.
No backtest results or performance evidence are provided. The post itself warns that auction changes can be volatile, the criteria are limited, and sector exposure creates risk. Its formula and sample implementation contain apparent inconsistencies, so the screening logic should be checked against the intended price and percentage calculations before use. The suggested additions of technical and fundamental measures are ideas for refinement, not tested improvements.
Key ideas
- The screen restricts candidates to the metaverse sector.
- It requires price to be above a five-day moving average.
- It limits the opening-auction change to a range from -2% to 5%.
- The post gives implementation examples but reports no backtest or trading results.
- It identifies auction volatility, simple criteria, and sector risk as limitations.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.