Selecting Metaverse Stocks by Auction Value and MACD Zero-Level Cross

Summary

The document proposes a Chinese A-share screen focused on stocks classified in the metaverse industry. It ranks candidates by the day’s auction amount, keeps the top five, and also requires MACD to cross above its zero line. The stated rationale is to favor stocks attracting comparatively strong auction activity while using the MACD crossing as a sign of improving momentum. The page also provides example screening expressions and a Python outline, but the code references platform-specific functions that are not defined in the example, so it is not a self-contained implementation.

The article cautions that a small selection may be accidental, that chosen stocks can remain weak in the short term, and that MACD reflects past prices rather than guaranteeing future direction. It suggests expanding the sample, combining technical indicators, and considering fundamentals. No backtest results, selection-period evidence, or transaction-cost assumptions are provided, so the screen should be treated as a hypothesis rather than a validated strategy.

Key ideas

• The screen targets metaverse-related Chinese stocks and ranks them by the day’s auction amount.
• It combines a top-five auction-amount ranking with a MACD crossing above zero.
• The article presents auction activity and the MACD crossing as indicators of relative strength and momentum.
• It warns that a small candidate set and backward-looking indicators can produce unreliable selections.
• No performance results or transaction-cost analysis are supplied.

Tags

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