Screening Metaverse Stocks with Long- and Short-Term Moving Averages

Summary

This post describes an equity screen for stocks in the metaverse theme. It selects names whose latest price is above the 250-day moving average and whose 20-day moving average is above the 120-day moving average. The first condition places price above a long-term reference; the second seeks a short-term trend stronger than the longer-term trend.

The document provides example formulas and a data-query workflow, including exclusions for certain listings and stocks marked with a risk designation. It argues that theme membership and moving-average alignment can narrow the candidate set, but presents no backtest or return evidence. The post cautions that trends change over time and that restrictive rules can miss opportunities. It recommends adding financial and performance information, considering broader market conditions, and evaluating the screen against investor goals and risk tolerance.

Key ideas

• The screen focuses on stocks classified in the metaverse theme.
• It requires price above the 250-day average and the 20-day average above the 120-day average.
• The moving-average rules aim to identify long-term strength with a stronger short-term trend.
• The post supplies implementation examples but no performance evidence and warns that the screen may be restrictive.

Tags

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