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
1/7
active conditions
Return Window
4/7 — 122d ago
~54d left in 6M window
VIX
18.6
threshold 20
RSI
48.0
threshold 35
VIX ELEVATED
INACTIVE
VIX ≥ 20
RSI OVERSOLD
INACTIVE
RSI(14) ≤ 35
BELOW 50MA
INACTIVE
SPY ≤ 50MA × (1−3.0%)
CONSEC DOWN
ACTIVE
≥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
210371.801.2373.802.0471.802.6078.606.5279.209.29
35874.101.62691.8575.902.6677.606.488111.27
42864.301.6571.403.2182.105.3682.108.8273.1011.97
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