SteadyTapeQuantitative Market Research

Confluence Signals

Median 1M return: +3.5%, 77% win rate.

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Multi-signal oversold detector - 7 component conditions, score-conditional forward returns.

Confluence Score
0/7
active conditions
Return Window
4/7 — 76d ago
~100d left in 6M window
VIX
15.4
threshold 20
RSI
69.7
threshold 35
VIX ELEVATED
INACTIVE
VIX ≥ 20
RSI OVERSOLD
INACTIVE
RSI(14) ≤ 35
BELOW 50MA
INACTIVE
SPY ≤ 50MA × (1−3.0%)
CONSEC DOWN
INACTIVE
≥3 consecutive down days
BELOW 200MA
INACTIVE
SPY ≤ 200MA × (1−5.0%)
BREADTH OVERSOLD
INACTIVE
NH−NL spread ≤ -20% (basket breadth)
CAPITULATION DAY
INACTIVE
10:1 down day within 3d (D/A ≥ 9×)

When to run this study

Run during market pullbacks or at potential turning points. Most actionable when 3 or more signals fire simultaneously — the higher the confluence score, the stronger the historical edge for a reversal.

Historical results

Forward Performance by Confluence Score

ScoreN1W Win%1W Median2W Win%2W Median1M Win%1M Median3M Win%3M Median6M Win%6M Median
210173.301.2673.301.9372.302.6878.206.7278.609.32
35773.701.3768.401.7875.402.6877.206.5280.7011.92
42965.501.8072.403.4282.805.1481.508.3674.1011.59
51687.502.4768.804.6487.505.5081.207.6881.2011.72
64752.8350-0.83501.98504.23507.81
71145.50-0.5336.40-0.3163.602.6981.809.8072.7010.80