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Tight Range

Overview​

The Tight Range profile highlights industries and themes where a large share of constituent companies closed in compressed price ranges. It helps you find groups where volatility has contracted broadly across many names at once, which can be useful when looking for breakout, breakdown, or expansion setups.

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This profile updates in real time and applies filters automatically to highlight groups where tight-range behavior is unusually concentrated. It is useful for spotting broad compression, coordinated basing behavior, and groups that may be close to a larger directional move.

Strategy Focus​

  • Identify group-wide volatility compression across industries and themes
  • Focus on areas where many companies are coiling at the same time
  • Track consolidation that may resolve into breakout or breakdown behavior
  • Compare compression with volume, flow, and divergence for stronger context
  • Use Top Alpha Setups and structural confirmation to refine breakout anticipation
  • Build watchlists around expansion candidates instead of reacting only after the move begins

Filters Applied​

This profile applies a single compression filter:

  • Tight Range (%) > 50: Includes only groups where more than 50% of companies closed the previous session in a tight range

This keeps the profile focused on coordinated compression rather than isolated consolidation.

Metrics Used​

Compression Signal​

  • Tight Range (%): The main filter and sorting metric. It shows the percentage of companies in the group that closed the previous session in a compressed range.

Group Identity and Context​

  • Industry / Theme: Identifies the group so you can compare compression across industries and themes.
  • Tickers: Shows how many companies are in the group, which helps frame how broad the compression is.

Price Action and Session Movement​

  • Change Pre (%): Adds pre-market context and can help show whether compression is starting to resolve early.
  • Change From Close (%): Tracks regular-session movement and helps show whether the group is beginning to expand directionally.

Group Strength and Relative Performance​

  • Group Rating 1 Day: Adds current-session context and helps show whether the group is gaining or losing momentum after compression.
  • Group Rating 1 Year: Adds longer-term trend context and helps judge whether the compression is happening inside stronger or weaker groups.
  • Rel. Strength 1 Day 90+ (%): Shows how much short-term leadership is appearing inside the group.
  • Rel. Strength 1 Year 90+ (%): Shows how much longer-term strength exists inside the group.

Volume and Liquidity Behavior​

  • Total Volume (%): Shows how much of market volume is concentrated in the group.
  • Relative Volume: Helps confirm whether compression is beginning to resolve with stronger participation.

Return and Trend Context​

  • Return Year to Date (%): Helps place the compression inside the group’s broader yearly trend.

Fundamental Snapshot​

  • EPS Rating: Adds earnings-quality context and helps judge whether the group has stronger underlying support.
  • Sales Rating: Adds revenue-growth context.
  • Profit Rating: Adds profitability context and helps separate higher-quality basing groups from weaker ones.

Behavioral Signals​

  • Accumulation/Distribution Score: Adds institutional-flow context and helps show whether groups are being accumulated or distributed during compression.
  • Reports Earnings Within 1 Week: Highlights near-term catalysts that may trigger the move out of the range.
  • Top Alpha Setups: Shows whether compression is also producing concentrated setup activity.

Resolution and Divergence​

  • Last Price > Prev. High (%): Helps confirm whether compression is resolving to the upside.
  • Last Price < Prev. Low (%): Helps confirm whether compression is resolving to the downside.
  • Positive RSI Divergence 14D (%): Adds bullish divergence context and can support upside resolution.
  • Negative RSI Divergence 14D (%): Adds bearish divergence context and can support downside resolution.

Default Sorting Logic​

Results are sorted by Tight Range (%) in descending order, putting the most compressed groups at the top.

Practical Use Cases​

  • Build watchlists around broad compression before expansion begins
  • Spot groups coiling for breakout or breakdown across many constituent companies
  • Use Ticker Screener to isolate the tightest individual setups inside the group
  • Open Multi-Charts to compare consolidation structure across compressed groups
  • Review Group Viewer to study compression, divergence, volume, and setup concentration together