Strongest and weakest setups

The Radar's lists of the best-organized long and short candidates on the desk right now.

Formula

Strongest: trend up, RVOL ≥ 1.3, above VWAP, ahead of SPY today, ≥ $5M traded
  ranked by RS vs SPY × max(1, RVOL)
Weakest: the mirror image

Inputs

  • Trend up. The one-minute EMA 9 above the EMA 20 with the price at or above VWAP (down: below and below).

How to use it

A starting list for intraday continuation trades: names already moving on volume, leading the market and holding VWAP.

Limitations

A filter on today's tape only; it says nothing about valuation or news, and a setup can fail on the next print.

In Kereon

Market · Radar. Re-run on every desk snapshot.

Also called: strong setups, weak setups, radar setups, scans.

Related terms

The whole glossary · Investing tools