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Methodology

About the Reversal Hunter setup

The scanner looks for a specific bullish reversal structure: a prior swing low that gets undercut on weakness, but on that lower price RSI prints a higher value (bullish divergence), followed by a reclaim of the prior low on expanding volume.

Prior swing low

The most recent meaningful low before the setup. This is the level the stock needs to break (undercut) and later reclaim.

Undercut

A new low below the prior swing low, but typically on weaker momentum. If RSI on the undercut is higher than at the prior low, we have bullish divergence.

Reclaim

Price closes back above the prior low, confirming buyers stepped in. The reclaim candle ideally comes on expanding volume.

RSI divergence

We compare RSI at the prior low vs. RSI at the undercut low. A positive delta (undercut RSI > prior-low RSI) indicates weakening downward momentum.

Volume expansion

The ratio of volume on the reclaim candle versus the rolling average. Higher ratios (2×+) signal stronger conviction from buyers.

Moving averages

We surface the 10 EMA, 20 SMA, 50 SMA, and 200 SMA so you can check whether the reclaim happened above or below key trend structure.

Quality score

A composite score (0–100) combining strength of divergence, volume expansion, and proximity to key moving averages. 70+ is a high-quality setup.

Schedule

The scheduled task runs twice per trading day at 11:00 CT and 14:30 CT, scanning S&P 500, Nasdaq 100, top 100 cryptos, and Coinbase perpetuals.

Data source

All data on this dashboard comes directly from the scan_results table populated by the scheduled Reversal Hunter scanner. This dashboard is read only — filtering and detail views query the same database used by the scanner task.