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ℹ️ Criteria & Metric Explanations
Metric Name Formula / Threshold Description & Practical Meaning
TOTAL UNIVERSE Active Traded Count Total active NSE stocks processed on the trading day.
Index % Changes Nifty 50, Nifty 500, CNX Smallcap, MidSmall 400 Daily percentage performance of broad market indices.
Up 4%+ / Dn 4%+ Daily Change % β‰₯ +4% / ≀ -4% Percentage of stocks showing strong daily bullish/bearish momentum.
Net Breadth (Up 4%+) βˆ’ (Dn 4%+) Measures short-term net buying vs selling pressure. Positive (Green) = Buyers dominant.
Volume Ratio Above Avg Vol / Below Avg Vol β€’ Above Avg Vol: Volume > 1.5x 20 DMA
β€’ Below Avg Vol: Volume < 0.5x 20 DMA
Ratio > 1.0 shows institutional participation. > 2.0 reflects heavy momentum.
5-Day Momentum +15% 5D / -15% 5D Percentage of stocks up β‰₯ +15% (Leaders) or down ≀ -15% (Losers) in 5 sessions.
New 52 WH / 52 WL Close β‰₯ 52W High / Close ≀ 52W Low Percentage of stocks reaching new 52-week highs or lows.
Net NH-NL (New 52WH %) βˆ’ (New 52WL %) Broad structural market trend strength. Positive (Green) = Healthy structural bull phase.
Within 15% from 52WH Close β‰₯ 85% of 52-Week High Percentage of stocks trading near multi-month highs. > 50% confirms strong bull market.
% Above EMAs Close β‰₯ 10 / 20 / 50 / 200 EMA Moving average participation. > 80% Overbought zone, < 20% Oversold zone.
Signal-MBI Sum of 6 ratio boxes (-6 to +6) Composite market score. β‰₯ +3 Solid Bullish, ≀ -3 Bearish, in-between Neutral.
MBI Trend & Divergence 10-Day Shift & Index vs Breadth Tracks MBI trajectory over 10 days and alerts when Index and Breadth diverge.