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Setups - Entry

Overview​

The Setups - Entry profile highlights top-rated setups where price is currently testing a key support or resistance level. These are the types of names where timing matters most, because price is already sitting at a decision point that can lead to a breakout, rejection, retest, or reversal.

Because the profile also requires a Top Alpha Setup tag, it stays focused on names that already meet stronger setup-quality criteria before adding entry-level timing on top.

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This profile updates in real time and applies filters automatically to highlight top setups where price is currently testing a key support or resistance area. It can be used across all market sessions.

Strategy Focus​

  • Surface top-rated setups where price is already at a key decision point
  • Focus on names testing support or resistance for better-timed entries
  • Identify breakout, rejection, retest, and reversal candidates with stronger setup quality
  • Prioritize liquid, active stocks where timing around structure is more actionable
  • Combine strategy metrics, entry context, and group support to refine execution
  • Build watchlists around setups with both quality and timing already aligned

Filters Applied​

This profile uses two focused filters:

  • Top Alpha Setup: Requires the setup to be tagged as one of MarketAlpha's highest-quality opportunities based on structure, price behavior, volume, group context, and fundamentals.
  • Price At Resistance/Support: Keeps only names where the current price is sitting at a known support or resistance area.

Together, these filters keep the profile centered on high-quality setups that are already at an actionable price level.

Metrics Used​

Strategy Metrics​

  • AI - Alpha Strategy: Shows whether the setup is currently long- or short-biased.
  • AI - Risk/Reward: Measures projected reward relative to risk.
  • AI - Path to Target: Shows how many structural barriers remain between price and the projected target.
  • Top Alpha Setup: Indicates the setup meets MarketAlpha's highest internal quality threshold.

Price Structure and Entry Context​

  • Price At Resistance/Support: Shows whether price is currently sitting at support or resistance.
  • Change Pre Market (%): Helps show whether momentum is already building before the regular session.
  • Change From Close (%): Tracks current movement relative to the previous close.
  • RSI Divergence 14 Days: Adds reversal or exhaustion context when price is testing a key level.
  • Universal Pattern Detection: Adds directional pattern confirmation near the entry zone.
  • Tight Range: Helps identify compression at a decision point that may lead to expansion.

Volume, Liquidity, and Activity​

  • Volume All Hours: Confirms total participation across all sessions.
  • Relative Volume: Helps show whether the level test is supported by stronger-than-normal activity.
  • Dollar Volume Rank: Keeps the most liquid and visible names near the top.

Group and Relative Strength Context​

  • Industry Rating 1 Day, Theme Rating 1 Day: Show whether short-term group action supports the setup.
  • Industry Rating 1 Year, Theme Rating 1 Year: Add broader group context behind the move.
  • Relative Strength 1 Day, Relative Strength 1 Year: Help compare short-term action with the broader trend.

Fundamentals and Timing​

  • MarketAlpha Rating: Composite measure of overall technical and fundamental quality.
  • EPS Rating, Sales Rating, Profit Rating: Help show whether the setup is also supported by stronger business performance.
  • Accumulation/Distribution Score: Tracks institutional flow and can reinforce the setup.
  • 52 Week High (%): Useful for judging breakout potential.
  • Next Earnings In Days: Adds timing context around possible catalyst risk.

Default Sorting Logic​

Results are sorted by Dollar Volume Rank (ascending) to keep the most liquid and visible entry setups at the top.

Practical Use Cases​

  • Find entry-ready setups already sitting at support or resistance
  • Focus on top-rated names where timing and setup quality are both aligned
  • Build watchlists around breakout, retest, or rejection candidates
  • Refine execution using price level context, strategy metrics, and group support
  • Use Multi-Charts to validate support, resistance, and price behavior
  • Shorten decision time by reviewing high-quality setups at actionable levels