Three checks before moving a result to your watchlist
The screener tests historical price conditions. A high ranking alone does not establish a suitable purchase. Use these checks to separate the questions that the table can answer from those it cannot.
1. RS 99, but very little trading?
RS ranks returns; it does not include trading volume. Passing all 8 criteria also does not require a volume minimum. Change the 50-day average volume filter first: a name that disappears has failed your liquidity threshold, not suddenly lost its trend. Average share volume alone cannot establish the bid-ask spread or whether your order can fill. Using the filters · Position size and loss calculations
2. The industry ranks first, but your stock is weak?
Industry rankings compare market-cap-weighted returns. One large constituent can lift the group. Expand the industry row and compare constituent RS ratings and their distance from the 20-day average. Broad participation and performance concentrated in a few names are different situations. An industry score of 100 means neither a 100% return nor that every constituent is rising. Industry scores and weighting
3. TSS rises while fewer stocks pass?
TSS combines broad market participation, a price-volume proxy and index trend. The passer count tests eight conditions on individual stocks. These measures can move in opposite directions. Check the three components and their as-of date on the market page, then record them alongside the passing share of the universe. TSS alone does not estimate tomorrow's direction or a breakout's probability of success. Reading market breadth
Worked example: RS line versus investment return
Suppose everything starts at 100, then the index falls to 90 while the RS line rises to 110. The stock's rebased price is 90 × 110 ÷ 100 = 99: a −1% return. The RS line rose 10%, yet the stock fell. Relative outperformance and a positive absolute return are different things. These are illustrative inputs, not an actual stock's history. RS ratings and relative strength
Check data sources, formulas and exclusions in the Methodology, or report a data error. Browse the educational articles →