How the Conditions Reading works

There is no 'good' reading. A higher reading means more of the measured signals lined up in the same way; a lower reading means fewer did. It describes the measured signals, not future price.

Large single-day moves have historically traced back to one underlying signal flipping state — a delivery spike, a trend crossing its moving average, a fresh event flag — rather than everything shifting a little at once. The Signal Change Log on each stock page names exactly which signal moved.

No. The reading summarizes what has already been measured — it carries no forward claim. A high reading has historically coincided with broad agreement across signals on a given day; it has not reliably predicted the next day's move, and this product does not track or claim that it does.

Yes. The same number can be reached by very different combinations of underlying signals — one stock might show 65 on high delivery and a lower sector rank, another might reach 65 the opposite way. That's why the full breakdown sits right below the number rather than the reading standing alone.

Not necessarily. Because the Conditions Reading blends trend, delivery, volume, sector standing, options positioning and event risk together, a large move can come from any one of those changing state — price is only one input among several.

A small delta usually means the underlying signals stayed in roughly the same state as the previous session — no single signal crossed a threshold. It says the picture was stable that day, not that nothing at all happened to the stock.

Yes — this is exactly the kind of disagreement the Tension panel is built to surface. Price and the Conditions Reading are not the same measurement; delivery weakening, sector standing slipping, or an event flag appearing can all pull the composite down on a day the price closed higher.

It shows the underlying signals kept moving in the same direction over several sessions rather than shifting once.

When a trade settles, the buyer can either take the shares into their demat account (delivery) or square the position off within the same day (intraday). Exchanges publish the delivered portion of each day's volume, which is how this figure is measured.

Delivery shows the share of traded volume that was taken and held rather than squared off the same day. The same delivery level can come with a price rise or a price fall, so it is read together with price and volume and compared with the stock's own average.

A larger share of the day's volume was squared off intraday rather than held — traders have historically read this as thinner, more short-term-driven participation behind a price move, in either direction.

Typical delivery levels vary a lot by stock — some names routinely settle 60%+ as delivery, others rarely clear 20%. Comparing a stock against its own recent average avoids treating one company's normal range as another's anomaly.

Normal volume varies enormously between a large, liquid stock and a thinly-traded small-cap. Comparing each stock to its own recent history puts a large-cap and a small-cap on the same relative scale.

Traders have historically read elevated volume alongside a price move as broader participation behind that move, in either direction — up or down equally. It has not been a reliable standalone predictor of what follows, which is why it's read alongside delivery and price rather than on its own.

It means today's activity was lighter than that stock's own recent norm — not necessarily unusual in absolute terms, since some stocks trade thin most days. The ratio format is what makes 'lighter than usual for this stock' comparable across very different-sized names.

Yes — bulk deals, block deals, index rebalancing, and F&O expiry effects can all drive volume without a classified news event that day. The Event Risk panel on the same page shows whether any classified news was matched; volume and news are measured and reported separately.

It means price was higher 10 sessions later than it started — a measured fact about that window. Whether that constitutes a durable 'trend' in a trader's sense usually depends on volume and delivery alongside it, which is why those sit next to this figure rather than replacing it.

Traders have historically read a sustained streak on one side as a stock in a consistent phase, and frequent crossings back and forth as directionless. Neither reading has been a guarantee of what happens next — it's a description of recent consistency, not a signal.

They are conventional labels for readings above roughly 70 or below roughly 30 — describing that recent gains (or losses) were unusually large and one-sided relative to the stock's own 14-session history, nothing more.

RSI measures recent price momentum. Readings above 70 are conventionally called overbought, but RSI describes what has already happened; it does not show what comes next. In strong phases it has stayed at high readings for extended periods.

It's the standard, widely-used window for this indicator — roughly three trading weeks — long enough to smooth day-to-day noise while still reflecting recent momentum. It's fixed and disclosed, not tuned per stock.

Yes — a reading near the middle of the 0-100 scale describes a period where gains and losses over the last 14 sessions were roughly balanced, i.e. no strongly one-sided momentum in either direction.

Comparing against direct peers separates stock-specific behaviour from behaviour shared across an entire industry. A stock's reading on its own can look low while being the highest in its industry, or the reverse.

Industries with very few classified members produce a rank out of a small total (e.g. #2 of 3), which is disclosed plainly as the total count alongside the rank rather than hidden. A small peer group makes the rank less statistically meaningful, which is why the count is always shown next to it.

No — it means this stock's Conditions Reading was the highest among its classified peers today, nothing more. The rank carries no forward claim and is recomputed fresh from scratch every day.

Yes, especially in smaller peer groups, since each member's Conditions Reading is itself a same-day snapshot. A rank moving from #3 to #7 describes a change in relative standing that day — it says nothing about direction on its own.

A put option is a contract that gains value when the underlying stock's price falls — the buyer has the right (not the obligation) to sell the stock at a fixed price. It's one of the two basic options contract types, alongside calls.

Open interest is the total number of options contracts (puts or calls) that are currently outstanding — bought and not yet closed or exercised. It's a measure of how many positions exist, not how many trades happened today.

The ratio gives one comparable number instead of two separate counts, making it easy to see at a glance whether more capital sits on the put side or the call side of the market for that stock's current expiry.

A call option is the mirror of a put — a contract that gains value when the underlying stock's price rises, giving the buyer the right to buy the stock at a fixed price. Comparing outstanding calls against outstanding puts is what PCR measures.

Options can be bought or sold (written) by different market participants for different reasons — hedging an existing position, generating income, or taking a leveraged view. The open interest figure counts both sides of every outstanding contract together, without distinguishing why each position was taken.

PCR is total put open interest divided by total call open interest. A high or low reading can be explained in more than one way (for example puts bought as protection, or puts written by sellers), so PCR alone does not show a direction.

A headline that our AI reads and sorts into one of the defined categories (regulatory, promoter/legal, short-seller report, corporate action, macro, sector policy) with an assigned severity and scope. Headlines that don't fit any category are classified as 'none' and don't raise this flag.

Signals computed from price and volume alone have no way to see a regulatory notice or legal development that arrived today — they can only react to the price/volume effects of an event after the fact, if any. This flag exists specifically to surface the event itself.

Stocks with active high-severity events have historically shown wider price ranges than usual, in either direction. This is a documented tendency, not a rule for every case.

A cause is only offered when a classified news event actually matched that stock on that day. If no matching event exists, the honest answer is that the data shows the change but not its cause — several explanations are usually possible, and this product does not invent one.

Real analysis is mostly about these disagreements — experienced traders spend more time on contradictions than on confirmations, because agreement across signals is common and rarely informative on its own. Showing the tension plainly is the analysis, not a gap in it.