Segment Heat Map
A heat map built by traders for traders. We don't just show you growth over various time periods but we also show the average of technical
indicators that have been proven to be predictive by back testing. These include RSI, Demark-9 Indicators, Smooth Momentum (proprietary) and Support/ Resistance lines.
The below chart is an equal weighted average of the Oil & Gas - Drilling industry.
We use equal weighting so it's easy to understand when the highest quantity of companies enter a technical scenario that would be relevant to trading. Opposed to having the entire index skewed towards a few large companies.
Companies in Oil & Gas - Drilling
| Company |
1 Day% | 5 Day |
1 Month |
3 Month |
6 Month |
1 Year |
RSI | 3mo S-momo ?
Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity.
We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down.
But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy.
It works the same with positive or negative directions.
|
6mo S-momo | 1yr S-momo | Resistance ?
Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range.
This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level.
When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on
many factors such as the frequency, recency, size, consistency, etc of previous reversal points.
|
Support |
Demark Sell ?
Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point.
This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago.
Like all indicators, it is best used in combinations with other factors.
|
Demark Buy |
Short Interest Score |
Showing 6 Companies in Oil & Gas - Drilling
| NBR | Nabors Industries Ltd. | 3.53 | 3.99 | -0.68 | -5.71 | 2.92 | -18.86 | 52 | 4.46 | 1.42 | -2.33 | -15308.70 | -2154.88 | 0 | 0 | 5.60454 |
| HP | Helmerich & Payne, Inc. | 1.85 | 1.49 | -0.39 | 3.51 | -7.52 | -8.46 | 66 | 1.92 | 2.16 | -2.82 | -6429.24 | -4232.40 | 0 | 0 | 4.73331 |
| SBR | Sabine Royalty Trust | 0.76 | 0.61 | 2.00 | -3.95 | -1.49 | -0.24 | 73 | -7.33 | -7.17 | -6.40 | -1663.69 | -4458.83 | 0 | 0 | -0.222899 |
| NE | Noble Corporation plc | 1.75 | 3.49 | 7.90 | -7.68 | -22.90 | -21.66 | 67 | -61.68 | -51.46 | -50.38 | -25554.74 | -2116.74 | 0 | 0 | 4.71682 |
| RIG | Transocean LTD. | 0.83 | 1.07 | 3.02 | -10.02 | -26.08 | -32.19 | 43 | -41.24 | -61.01 | -57.80 | -44839.37 | -1068.28 | 0 | 0 | 10.9425 |
| PTEN | Patterson-UTI Energy Inc | 2.09 | 3.23 | 1.59 | -11.23 | -23.15 | -30.31 | 64 | -38.83 | -54.28 | -59.16 | 176.87 | -2902.41 | 0 | 0 | 4.71926 |
