Financial Market Reader uses a pattern-matching algorithm
on common technical analysis indicators to create ratings for each of the next five days
for each indicator.
The closest historical matches are used to compute
the likelihood of rise or fall over the week.
"FMR": a proprietary rating that is assigned to each stock.
Ratings range from +50 to -50. Market and Sector ratings are averages of their component companies.
"FB", or "Future Breadth", represents the percentage of stocks expected to rise. It is a forward-looking
equivalent of the traditional breadth measurements.
The number after "FMR" and "FB"
indicates the number of days it is looking ahead.
"FMR" averages the rating for the next five days and the rating change from yesterday.
"Weighted" adds the sector FMR to a company's FMR.
In general, the correlation between future change and FMR
is double the correlation between future change and any of the preceding
indicators.
Clicking on "R1", "R5", Score", or "Weighted" changes the sort order.
"^Up": drills-up to the higher index level. i.e. from "company" to
"Sector".
The "(Sectors)" or "(Companies)" links
allow you to display the components of an index. i.e. a sector's
companies.
"Details": displays a chart of the expected
daily P&L for a given company or index over the next week.