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Relative Weakness Today

Overview​

The Relative Weakness Today profile identifies underperforming tickers during the current session, based on their 1-day relative strength rating. It filters for stocks with low intraday RS (≤ 10) while maintaining minimum standards for liquidity, volatility, and trading activity — ensuring every result remains tradeable.

This profile is ideal for spotting lagging names that may be candidates for short setups, reversals, or de-risking, especially when confirmed by technical or volume-based signals.

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This profile updates in real time and includes only actively traded, liquid tickers with RS 1D ≤ 10, highlighting real-time underperformance.

Strategy Focus​

  • Highlight intraday laggards based on RS rating to monitor broad market weakness
  • Identify short setup candidates or failed breakouts with real-time relative weakness
  • Filter liquid tickers that are showing clear momentum loss intraday
  • Spot reversal candidates after sustained downtrends or gap fades
  • Use with pattern, divergence, and group context to confirm directional bias
  • Focus review on bottom-quartile names based on structural and behavioral data

Filters Applied​

  • Liquidity Rating > 70, ATRP 14D ≥ 0.5, Volatility (Month) ≥ 1: Ensures all results are liquid and capable of follow-through or fade setups
  • Volume All Hours ≥ 50K AND Relative Volume ≥ 2: Includes only tickers with strong intraday participation
  • Relative Strength 1 Day ≤ 10: Limits results to today’s weakest relative performers based on MarketAlpha’s RS rating

Metrics Used​

AI Strategy and Setup Quality​

  • AI - Alpha Strategy: Provides real-time bias (Long or Short) based on evolving structure — helps validate if current weakness is aligned with AI-detected setups
  • AI - Risk/Reward: Quantifies the risk/reward ratio for current setups, enabling prioritization of short opportunities with favorable downside asymmetry
  • AI - Path to Target: Counts remaining structural supports — key for confirming clean path setups where breakdowns may continue without major bounce zones

Volume, Liquidity, and Activity​

  • Volume All Hours: Tracks total shares traded across all sessions — used here to validate that weakness is supported by participation
  • Relative Volume: Detects whether the selling pressure is backed by volume — RVOL ≥ 2 indicates real distribution and confirms breakdown risk
  • Dollar Volume Rank: Ensures the weakest names are also highly liquid, tradable, and visible — critical for execution and spread control

Price Action and Structural Signals​

  • Change Pre Market (%): Helps identify stocks that started showing weakness before the regular session opened
  • Change From Close (%): Measures price performance relative to yesterday’s close — useful for confirming fade setups or active downtrends
  • RSI Divergence 14 Days: Flags momentum breakdowns or failed bullish divergences, helping identify where strength has fully reversed
  • Universal Pattern Detection: Confirms if the current weakness is part of a broader bearish structure (e.g., breakdowns or failed support holds)
  • Tight Range: Detects consolidation or coiling before breakdowns — a useful precursor for setups that may accelerate downward

Sector and Theme Context​

  • Industry Rating 1 Day, Theme Rating 1 Day: Identify whether the weakness is isolated or part of broader sector or theme underperformance
  • Industry Rating 1 Year, Theme Rating 1 Year: Provide context for whether the current lagging stock comes from a historically weak group
  • Relative Strength 1 Year: Adds long-term context — if also low, it supports sustained weakness; if high, it may signal temporary correction

Fundamentals and Timing​

  • MarketAlpha Rating: Offers a composite view of overall setup strength — low ratings often accompany continued weakness
  • EPS Rating, Sales Rating, Profit Rating: Help assess whether recent weakness is tied to declining fundamentals
  • Accumulation/Distribution Score: Detects if institutional selling pressure is behind current underperformance
  • 52 Week High (%): Measures how far price has dropped from peak levels — gives insight into trend exhaustion or reversal potential
  • Next Earnings In Days: Used for risk management — weakness near earnings can signal pre-event selling or setup for post-earnings moves

Default Sorting Logic​

Results are sorted by Dollar Volume Rank (ascending), allowing you to prioritize the most active underperformers in terms of capital flow and liquidity.

Practical Use Cases​

  • Spot intraday momentum fades and breakdown setups
  • Filter your watchlist to focus on real-time weak performers
  • Confirm short setups with low RS + bearish divergence + volume
  • Avoid buying into structurally weak names unless playing reversals
  • Monitor group-level laggards using RS + Industry/Theme ratings
  • Combine with Multi-Charts and pattern overlays to track breakdown confirmation