The Bias Score for XLE is produced by EquityBias's proprietary multi-layer scoring engine, which synthesises hundreds of public market data points each session into a single composite reading on a −100 to +100 scale. The engine re-calibrates as market regimes shift.
A score of +100 means our signal ensemble points strongly bullish in broad alignment. −100 means strongly bearish. Readings near 0 indicate either market neutrality or active disagreement between the engine's internal signal layers — surfaced separately as a divergence indicator for Premium subscribers.
For more on how to read the score, see the glossary and frequently asked questions.