Identify key SPY/QQQ/IWM support and resistance levels and contextualize individual equity moves
Answers where a stock sits within its trading range and whether the broad index backdrop supports or fights that position. It reads up to 220 adjusted daily candles for each stock and for SPY, QQQ, and IWM, computing 20-day support and resistance, distance to each, and an index bias from the benchmark's SMA-20/50 and 20-day return. It labels each stock's range position against the index bias, such as near support with the index in agreement or near resistance with it opposed. Use it to see whether the broad index backdrop supports or fights a stock's position within its range.
Relative positioning: where a stock sits in its own range, read against a benchmark.
Two halves. For the stock, 20-day support and resistance are the minimum low and maximum high over the window, and distance to each is measured from the current price. For the backdrop, SPY, QQQ and IWM are each read through their SMA-20/50 and 20-day return to give an index bias.
The idea is BENCHMARK-RELATIVE analysis, one of the oldest in equity practice: an individual move means something different depending on whether the whole market moved with it. This is a descriptive comparison, not a decomposition - it does not separate a stock's move into market and idiosyncratic parts. That would require a market-model regression, which is how a beta is estimated, and this is deliberately simpler.
Why three benchmarks: SPY tracks the S&P 500, QQQ the Nasdaq-100 (modified market-cap weighted, technology-HEAVY but including other non-financial sectors), IWM the Russell 2000 for small capitalisations. Which is the appropriate comparison depends on the stock, and a mismatch produces a misleading reading - a small industrial compared against a technology index is being measured against something it does not resemble.
Support and resistance here are simply the window's extremes. That is a mechanical convention rather than the repeated-turning-point construction often taught alongside it - both are legitimate definitions, and neither is a validated barrier. A 20-day extreme may be a recent accident as much as a level anyone is watching. They are reference points, not barriers.
The setup labels combine the stock's position and the index bias through thresholds that are our own convention and are not published here.
Published reports are readable without an account. The newest is Ether (ETH) and XRP extend a month-long slide as Bitcoin falls below $75,000: trend, momentum and news (Nov 9, 2026). Create an account to run research on the stocks and crypto you choose.