Screening Metaverse Stocks with a Rounded Pattern and Positive MACD

Summary

This stock screen combines a metaverse industry filter, a rounded price pattern, and MACD above zero. Its formula reference adds price and moving-average conditions intended to represent the shape: recent lows are compared with a prior 60-period average, that average is checked for direction, and the current low is tested against a recent low. The article also provides sample Python-style logic for selecting stocks and reporting valuation fields.

The document supplies screening rules but no backtest, selected-stock examples, or evidence of returns. It cautions that the approach ignores company fundamentals and relies on one chart pattern, which may bias selection. It suggests adding other technical and fundamental measures and additional patterns, but gives no tested method for doing so. The coding examples also depend on particular data sources and implementations, so their formulas and data alignment would need validation before use.

Key ideas

• The screen targets metaverse stocks with MACD above zero and a rounded price pattern.
• The formula approximates the pattern using recent lows and a moving average.
• The article includes sample screening logic but reports no performance evidence.
• It warns that the approach omits fundamentals and relies on a narrow pattern definition.
• Additional indicators, fundamentals, and chart patterns are suggested as possible extensions.

Tags

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