Methodology

Technical analysis logic and scoring

Overview

Our technical analysis system combines multiple indicators and patterns to identify high-probability trading setups. The methodology focuses on three core areas: breakout detection, options play suggestions, and entry point assessment.

1Breakout Scanner

The breakout scanner assigns a composite score (0-100) based on multiple technical signals. Higher scores indicate stronger breakout potential.

Scoring Components

SignalMax PointsDescription
Volume Surge25Volume > 1.5x 20-day average with accumulation pattern
Bollinger Squeeze20BB width in lowest 25th percentile (volatility compression)
Resistance Proximity20Within 3% of key resistance with higher lows forming
EMA Alignment20Price above EMAs, stacked EMAs (9 > 21 > 50), recent crossover
ADX Breakout15ADX rising from <20, bullish DMI crossover (+DI > -DI)
Consolidation20Days in tight range with volume contraction (base building)

Bonus Points

Pattern/SignalPointsDetection Method
Cup & Handle+15U-shaped price curve with handle consolidation near highs
Ascending Triangle+10Flat resistance with rising support trendline
Bull Flag+10Sharp upward impulse followed by tight consolidation channel
Low IV Rank+10IV rank <30 (cheap options, expansion expected)
TTM Squeeze+15BB inside Keltner Channel (squeeze firing, momentum shift)
ATR Compression+10ATR in lowest 20th percentile (coiled spring setup)

Score Interpretation

80-100
High Conviction
60-79
Moderate
40-59
Developing
<40
Weak

2Options Plays

Our options strategy focuses on conservative, single-leg positions with defined risk. We only suggest HIGH confidence plays that meet strict criteria.

Conservative Parameters

ParameterValueReasoning
DTE Range30-45 daysAvoids rapid theta decay, gives time for thesis to play out
Delta Range0.30-0.50Balances probability of profit with leverage
Stop Loss50% of premiumConservative risk management, limits max loss
Price TargetBased on 1.5x ATRRealistic profit target tied to expected volatility
Hold Period~60% of DTE (max 21 days)Exit before steep theta decay curve

Play Selection Logic

# Direction Selection
Bullish breakout (score ≥ 50) → Buy CALL
Bearish setup → Buy PUT
# Strike Selection
Select strike with delta closest to 0.40
Prefer Friday expirations (better liquidity)
Require minimum volume + open interest

Price Target Calculation

# Based on expected underlying move (1.5x ATR)
expected_move = ATR × 1.5
option_gain = expected_move × |delta|
target_price = entry_price + option_gain
# Example: Stock $100, ATR $3, Delta 0.40, Entry $4.00
Expected move = $3 × 1.5 = $4.50
Option gain = $4.50 × 0.40 = $1.80
Target = $4.00 + $1.80 = $5.80 (45% gain)

Confidence Levels

HIGH
Displayed to Users
Breakout score ≥75, IV rank <30, good liquidity, DTE 30-45
MEDIUM
Filtered Out
Breakout score ≥60, IV rank <50, adequate liquidity
LOW
Filtered Out
Other qualifying setups that don't meet high criteria

3Trade Validation

Before executing trades, our AI validates them using pure technical analysis to assess quality and provide actionable recommendations.

Stock Trade Scoring (0-100)

FactorPointsCondition
Trend Aligned+30Trade direction matches current trend
Entry Favorable+25Price near support with good R:R
Entry Neutral+10Price in mid-range
Risk/Reward ≥2x+25Target/Stop ratio is 2:1 or better
Risk/Reward ≥1.5x+15Target/Stop ratio is 1.5:1
Mid-Range Position+20Price between 30-70% of range
≥70
FAVORABLE
≥40
NEUTRAL
<40
CAUTION

Options Trade Confidence (0-100)

Starting score: 50 (neutral)

FactorPointsCondition
Trend Aligned+15 to +25CALL + bullish or PUT + bearish (scaled by strength)
Trend Against-20CALL + bearish or PUT + bullish
RSI Favorable+15Oversold (<35) for calls, Overbought (>65) for puts
RSI Unfavorable-15Overbought (>70) for calls, Oversold (<30) for puts
Position Favorable+10Near support for calls, near resistance for puts
Position Unfavorable-10Near resistance for calls, near support for puts
≥70
HIGH
45-69
MEDIUM
<45
LOW

Technical Warnings

# Warnings only appear when relevant
⚠️ RSI overbought/oversold against direction
⚠️ Price near resistance (calls) or support (puts)
⚠️ Trading against prevailing trend
# Probability reasoning based on:
• Trend alignment with trade direction
• RSI room to move
• Position relative to support/resistance

4Entry Assessment

The entry assessment evaluates the current price position relative to key technical levels to determine if now is a favorable time to enter a position.

Assessment Criteria

FAVORABLE
  • • Price near support level (within 1x ATR)
  • • RSI in oversold territory (<40) for longs
  • • Recent higher low formation
  • • Volume confirmation on bounces
  • • Risk/reward ratio ≥ 2:1 to next resistance
NEUTRAL
  • • Price in middle of range (between support/resistance)
  • • RSI in neutral zone (40-60)
  • • No clear directional bias
  • • Wait for pullback or breakout confirmation
UNFAVORABLE
  • • Price extended from support (chasing)
  • • RSI overbought (>70) for longs
  • • Near resistance without breakout confirmation
  • • Risk/reward ratio < 1:1
  • • Low volume or distribution pattern

Entry Zone Calculation

# Support-Based Entry
entry_zone = [support_level, support_level + (ATR × 0.5)]
stop_loss = support_level - (ATR × 1.0)
target = nearest_resistance
# Risk/Reward Calculation
risk = entry_price - stop_loss
reward = target - entry_price
R:R ratio = reward / risk

5Technical Indicators Used

Trend Indicators

  • • EMA 9, 21, 50, 200
  • • SMA 50, 200
  • • ADX (Average Directional Index)
  • • +DI / -DI (Directional Movement)

Momentum Indicators

  • • RSI (14-period)
  • • MACD (12, 26, 9)
  • • TTM Squeeze

Volatility Indicators

  • • Bollinger Bands (20, 2)
  • • ATR (14-period)
  • • Keltner Channels
  • • IV Rank

Volume Analysis

  • • Volume vs 20-day average
  • • On-Balance Volume (OBV)
  • • Accumulation/Distribution

Disclaimer

This analysis is for educational and informational purposes only. It is not financial advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Always do your own research and consult with a qualified financial advisor before making investment decisions.