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What a health score means

How to read the 0 to 100 score, the bands and the trading rule.

The score combines five ingredients into one number: structure, trend checks, momentum, relative strength and premium or discount position. Each one has a fixed number of points, and the total is smoothed over five days so one wild candle does not whip the reading.

A score of 60 or more is Strong, 30 to 59 is Neutral and below 30 is Weak. The bullish rule turns on when the score reaches 60 with at least three of five trend checks up. It turns off if the score drops under 45 or only one check remains.

The score describes what already happened. A high score means the asset has been healthy, not that it will rise. The Proof page shows how high-scoring assets have actually done afterward, including the bad stretches.

Frequently asked questions

Can a Strong asset still fall?

Yes. Strength describes the past and present. Any asset can reverse, which is why the Proof page publishes the worst results as well as the best.

How often does the score update?

Whenever you open the page, using daily candles that are cached for about 15 minutes.

Scoring the markets…