Screening Metaverse Stocks with a Rounded Pattern and Recent High

Summary

This note describes a Chinese equity screen that combines a Metaverse industry filter, a rounded price pattern, and a condition that the current high equals the maximum high over the current and prior two sessions. Its example formula checks that recent-high condition, while its sample selection logic also uses price-range thresholds to approximate a rounded formation.

The author suggests that combining a sector filter with price action may help avoid some weak selections, then recommends adding indicators such as KDJ or MACD and fundamental checks like profitability and ratings. The note provides no backtest, performance figures, or precise definition for identifying the rounded pattern; the sample thresholds are only a rough proxy. It also acknowledges that chart-pattern judgments can be subjective and that the screen omits company and industry fundamentals unless they are added separately.

Key ideas

• The screen filters for Metaverse industry stocks with a rounded price pattern and a recent high at the top of a three-session window.
• The example uses price-range conditions as a rough proxy for the rounded shape.
• The author proposes adding technical indicators and fundamental measures to broaden the selection criteria.
• The document provides no performance evidence and warns that pattern interpretation is subjective.

Tags

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