NVDA Trend Score

Smart Money Confidence is a model that aggregates indicators reflecting sentiment among investors that tend to use the stock market to hedge underlying positions. Or, they're just contrarian investors who prefer to sell into a rising market and buy into a declining one.

Time Frame: Medium-Term | Update Schedule: Daily by 6:00 PM EST | Source: SentimenTrader

‍

Construction:

The Absolute Trend Score Indicators use a weight of the evidence framework by aggregating ten trend-following indicators to deliver a comprehensive composite score for trend evaluation. Scores range from 0 (weakest) to 10 (strongest).

Although the components and duration parameters remain fixed, the indicators provide investors with flexible options for identifying trading or investing opportunities and controlling risk. Additionally, the composites can serve as a secondary filter for your existing technical or fundamental investment approaches, ensuring your strategies align with current market trends.

  • The Absolute Trend Score evaluates the strength of an asset’s individual trend

Composite Trend Model Scoring Methodology

0 (Weakest) to 10 (Strongest)

Trend Score Conditions

  • Close > 50-Day Average = +1
  • Close > 100-Day Average = +1
  • Close > 200-Day Average = +1
  • 50-Day Average Rising = +1
  • 100-Day Average Rising = +1
  • 200-Day Average Rising = +1
  • 50-Day Average > 100-Day Average = +1
  • 50-Day Average > 200-Day Average = +1
  • 100-Day Average > 200-Day Average = +1
  • Close above 63-Day High +1 until Close Below 63-Day Low

‍

‍

‍

‍

‍