A bullish read, but the layers pull against each other.
13th of 32 by Bias Score
1st of 32 by divergence
Basic Materials divergence boardChanged from +64 on Oct 16
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Over the last 3 trading days, the score moved up 3 points, from +56 to +59.
Over the last 30 published readings, the SCCO Bias Score has ranged between +40 and +64, and the reading shown above sits in the upper half of that range.
Every one of those readings was above zero, with no crossing in the window.
The score finished the window within 3 points of where it started, and the day-to-day movement has been steady.
Among the 32 Basic Materials stocks we score, SCCO has the 13th highest Bias Score on this date, at +59 against a sector average of +38.
Its divergence of 88 is wider than the sector average of 43 and wider than the market-wide average of 43, which makes it the widest split between data layers in the sector.
Every Basic Materials Bias Score · Basic Materials divergence board · Market-wide divergence
Headlines link to their publishers. News tone is one of the four layers behind the SCCO Bias Score.
The SCCO Bias Score folds four layers of market data, price structure, news sentiment, analyst ratings and fundamentals, into one reading from -100 to +100.
+100 means all four lean bullish, -100 all four bearish. A reading near 0 is either quiet or a disagreement, which is what the divergence score separates.
What feeds the score, where the data comes from and what it cannot do is set out on the methodology page. For the terms, see the glossary and frequently asked questions.
Not investment advice. A Bias Score describes market data that already exists, it does not forecast price, and past readings say nothing about future results. Trading equities carries risk and you can lose part or all of what you put in.
Produced by EquityBias, Jones Inc., CVR DK34325170, Denmark. Responsible: Nicky Jørgensen. Not supervised by a financial authority. No position held in SCCO. Methodology · Interests and conflicts · SCCO score history