Screening Metaverse Stocks with RSI and a Rising 30-Day Average

Summary

This Chinese-language post describes an equity screen combining three conditions: membership in the metaverse concept group, a six-period RSI below 65, and a closing price above its 30-day moving average. The average is intended to identify an upward price trend, while RSI acts as a short-term momentum filter and the concept membership adds a thematic selection criterion. The post includes example logic for retrieving indicators and concept classifications.

It gives no backtest results or evidence that the screen predicts returns. The author notes that the rules omit company fundamentals and broader industry prospects, use a narrow set of indicators, and may exclude promising stocks. Suggested improvements include adding other information, refreshing inputs, and exploring model optimization, but these suggestions are not tested. The material is a basic screening recipe rather than a complete trading system; it does not specify entry timing, exits, position sizing, or transaction-cost treatment.

Key ideas

• The screen selects stocks classified under the metaverse theme.
• It requires a six-period RSI below 65 and a close above the 30-day moving average.
• The moving average serves as a trend filter, while RSI limits the selected momentum range.
• The post provides implementation examples but reports no performance evaluation.
• It warns that narrow technical and thematic filters omit fundamentals and can miss candidates.

Tags

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