Universe
Active equities from the selected country only. ETFs, crypto, commodities, and listings outside the selected market are excluded from each country index.
Signal Validation
Trend Performance Index
United States equities with 4-8 positive trend weeks, a weekly close below fair value, positive Market Activity, positive 30-week SMA Rate of Change, and positive Relative Strength.
Index Value
434.12
Total Return
334.12%
CAGR
51.64%
Annualized from first index week
Edge vs Market
+29.86%/yr
Beats SPY on CAGR
Risk Adjusted
Sharpe 2.21
Sortino 3.76
Current Holdings
271
Transactions
5001
Avg 1418.2/yr ·
118.2/mo ·
27.3/wk
Exit Mix
2365
Stop 57.3% ·
Warning 42.3%
· Other 0.4%
Method
How The Index Works
The index is a weekly, equal-weighted performance model for the selected country’s equities. It starts at 100.00 on the first transaction week after 1 Jan 2023 and is rebuilt from stored weekly closes, indicators, and Smart Money warning data.
Entry Rule
A stock enters at that week’s close when it has 4-8 positive trend signals, the close is below that week’s fair value, Market Activity, 30-week SMA 4-week Rate of Change, and Relative Strength are all above zero, and there is no Reversal Risk or Reversal Danger Warning that week.
Exit Rule
A position exits at the weekly close on the first Reversal Risk Warning or Reversal Danger Warning. It also exits if the weekly close falls 20% or more below the original entry close.
Return Math
Each active holding contributes equally. The weekly index return is the average weekly close-to-close return of all positions active during that week, then compounded into the index value.
Assumptions
- Positions that exit cannot re-enter during the same positive trend run; the trend signal must reset first.
- New positions are not opened on weeks with Reversal Risk or Reversal Danger Warnings.
- Positions are closed at the last valid close if a 5x or larger weekly close scale break indicates a price-data unit change.
- Transaction prices are the stored weekly closes for the entry or exit week, except price scale-break exits, which use the last valid close.
- Returns are shown before transaction costs, bid-ask spreads, slippage, taxes, and other implementation frictions.
Weekly Index
Cumulative Value
Latest Week
Positions In And Out
New Positions In
Entries at weekly close
ACCO
NYSE · Acco Brands Corporation
4.08
8 signals · MA 74.29 · ROC 2.23% · RS 3.33
BHVN
NYSE · Biohaven Ltd.
15.44
4 signals · MA 87.92 · ROC 6.50% · RS 14.78
BOC
NYSE · Boston Omaha Corp
14.14
4 signals · MA 88.83 · ROC 1.32% · RS 0.95
FATN
NASDAQ · FatPipe, Inc. Common Stock
4.54
8 signals · MA 39.45 · ROC 12.74% · RS 2.11
HOG
NYSE · Harley-Davidson Inc
26.58
8 signals · MA 56.36 · ROC 2.03% · RS 3.60
JHX
NYSE · James Hardie Industries PLC ADR
25.82
4 signals · MA 74.43 · ROC 3.39% · RS 7.54
LGIH
NASDAQ · LGI Homes
58.48
4 signals · MA 96.98 · ROC 3.50% · RS 2.72
TDOC
NYSE · Teladoc Inc
9.43
4 signals · MA 91.36 · ROC 3.36% · RS 22.61
TMCI
NASDAQ · Treace Medical Concepts Inc
4.30
5 signals · MA 93.79 · ROC 8.69% · RS 0.15
UPBD
NASDAQ · Upbound Group Inc.
22.16
4 signals · MA 57.32 · ROC 2.83% · RS 2.64
Positions Out
Closed at weekly close
AIRJ
NASDAQ · AirJoule Technologies Corporation
3.74
20% entry drawdown · -22.65%
CE
NYSE · Celanese Corporation
45.70
20% entry drawdown · -20.82%
FUN
NYSE · Six Flags Entertainment Corporation
17.53
20% entry drawdown · -25.21%
GRDX
NASDAQ · GridAI Technologies Corp.
3.82
20% entry drawdown · -29.26%
INV
NASDAQ · Innventure, Inc.
3.37
20% entry drawdown · -42.39%
MX
NYSE · MagnaChip Semiconductor
3.42
20% entry drawdown · -24.50%
NTLA
NASDAQ · Intellia Therapeutics Inc
11.38
20% entry drawdown · -27.41%
PBF
NYSE · PBF Energy Inc
62.75
Reversal Risk Warning · 133.59%
SG
NYSE · Sweetgreen Inc
7.08
20% entry drawdown · -21.94%
SHEN
NASDAQ · Shenandoah Telecommunications Co
11.38
20% entry drawdown · -24.83%
STFS
NASDAQ · Star Fashion Culture Holdings Limited
9.14
20% entry drawdown · -50.03%
VLN
NYSE · Valens
1.71
20% entry drawdown · -22.62%
Live Book
Current Holdings
Ticker
Entry
Last Close
Return
Signals
Activity
ROC
RS
MASS
NASDAQ · 908 Devices Inc
2 May 20255.60
7.35
31.25%
4
99.11
6.19%
39.45
MCFT
NASDAQ · MCBC Holdings Inc
22 Aug 202521.40
24.98
16.73%
6
32.34
1.17%
3.22
MEI
NYSE · Methode Electronics Inc
29 May 202611.54
14.99
29.90%
4
93.32
7.34%
34.93
MGNX
NASDAQ · MacroGenics Inc
27 Feb 20261.99
4.49
125.63%
4
13.14
1.69%
13.01
MKDW
NASDAQ · MKDWELL Tech Inc. Ordinary Share
5 Jun 20268.49
11.16
31.45%
4
76.53
5.56%
24.70
MKTW
NASDAQ · Marketwise Inc
9 May 202513.38
20.11
50.28%
5
70.14
2.01%
4.38
MLR
NYSE · Miller Industries Inc
13 Mar 202643.48
49.64
14.18%
4
46.41
0.87%
0.91
MMI
NYSE · Marcus & Millichap Inc
26 Jun 202631.41
31.20
-0.67%
4
60.27
0.61%
1.43
MOH
NYSE · Molina Healthcare Inc
12 Jun 2026200.28
225.37
12.53%
5
77.74
2.98%
3.17
MRDN
NASDAQ · Meridian Holdings Inc
3 Jul 202613.57
13.52
-0.37%
5
82.73
5.93%
2.64
MRNA
NASDAQ · Moderna Inc
30 Jan 202644.07
61.82
40.28%
4
86.83
7.09%
33.42
MRTN
NASDAQ · Marten Transport Ltd
27 Feb 202613.47
17.65
30.99%
4
95.83
1.03%
1.72
MRVI
NASDAQ · Maravai Lifesciences Holdings Inc
29 May 20264.80
7.24
50.83%
4
90.65
5.10%
25.04
MSGM
NASDAQ · Motorsport Gaming Us LLC
9 May 20252.49
4.64
86.35%
4
69.38
12.42%
52.82
MTC
NASDAQ · MMTEC Inc
28 Nov 20252.72
2.51
-7.72%
4
91.58
20.03%
92.27
MTUS
NYSE · Metallus, Inc
22 Aug 202516.60
19.38
16.75%
6
18.52
1.25%
3.02
MUR
NYSE · Murphy Oil Corporation
3 Oct 202529.54
36.83
24.70%
4
67.37
1.24%
3.44
NAUT
NASDAQ · Nautilus Biotechnology Inc
7 Nov 20251.51
1.74
15.23%
4
89.88
7.35%
13.67
NBR
NYSE · Nabors Industries Ltd.
7 Nov 202551.55
83.89
62.74%
7
87.99
4.38%
7.62
NDLS
NASDAQ · Noodles & Company
10 Apr 20268.10
11.11
37.25%
4
89.67
5.88%
22.21
NERV
NASDAQ · Minerva Neurosciences Inc
10 Oct 20252.35
4.27
81.70%
8
10.24
3.56%
4.66
NKTX
NASDAQ · Nkarta Inc
20 Mar 20262.14
2.60
21.50%
4
50.05
1.29%
3.12
NNBR
NASDAQ · NN Inc
15 May 20262.22
3.18
43.24%
4
94.94
4.89%
0.87
NRC
NASDAQ · National Research Corp
22 May 202618.93
21.78
15.03%
8
82.86
5.64%
0.52
NRT
NYSE · North European Oil Royalty Trust
6 Jun 20254.45
7.73
73.65%
5
38.40
0.92%
4.51
NSIT
NASDAQ · Insight Enterprises Inc
26 Jun 2026119.49
115.33
-3.49%
4
96.74
3.95%
4.16
NTIC
NASDAQ · Northern Technologies
13 Feb 20269.03
8.09
-10.41%
6
75.65
1.72%
0.35
NVCR
NASDAQ · Novocure Ltd
29 May 202617.04
15.92
-6.57%
4
89.74
4.42%
2.66
NVST
NYSE · Envista Holdings Corp
29 Aug 202521.18
26.74
26.25%
4
45.07
0.61%
0.69
NWL
NASDAQ · Newell Brands Inc
3 Jul 20265.83
5.23
-10.29%
4
82.25
6.86%
15.74
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
17 Mar 2023
Exit
CPIX
NASDAQ · Cumberland Pharmaceuticals Inc
1.92
20% entry drawdown
-25.87%
Entry 3 Feb 2023
2.59
17 Mar 2023
Exit
CRL
NYSE · Charles River Laboratories
192.92
20% entry drawdown
-21.40%
Entry 10 Feb 2023
245.44
17 Mar 2023
Entry
CSTM
NYSE · Constellium Nv
13.79
Trend inclusion
-
5 signals
MA 47.85 · ROC 0.82% · RS 0.47
17 Mar 2023
Exit
CTRN
NASDAQ · Citi Trends Inc
22.95
20% entry drawdown
-24.43%
Entry 20 Jan 2023
30.37
17 Mar 2023
Exit
DAN
NYSE · Dana Inc
12.35
20% entry drawdown
-22.43%
Entry 13 Jan 2023
15.92
17 Mar 2023
Entry
DCTH
NASDAQ · Delcath Systems Inc
4.40
Trend inclusion
-
4 signals
MA 62.66 · ROC 1.10% · RS 2.23
17 Mar 2023
Exit
EML
NASDAQ · Eastern Co
15.80
20% entry drawdown
-22.64%
Entry 3 Feb 2023
20.42
17 Mar 2023
Exit
EVER
NASDAQ · EverQuote Inc Class A
12.28
20% entry drawdown
-20.67%
Entry 6 Jan 2023
15.48
17 Mar 2023
Exit
FGNX
NASDAQ · Fundamental Global Inc.
252.50
20% entry drawdown
-30.34%
Entry 6 Jan 2023
362.50
17 Mar 2023
Exit
FROG
NASDAQ · Jfrog Ltd
18.34
20% entry drawdown
-20.43%
Entry 17 Feb 2023
23.05
17 Mar 2023
Exit
GAME
NASDAQ · GameSquare Holdings Inc.
5.20
20% entry drawdown
-23.08%
Entry 3 Feb 2023
6.76
17 Mar 2023
Entry
GANX
NASDAQ · Gain Therapeutics Inc
4.62
Trend inclusion
-
4 signals
MA 36.72 · ROC 0.60% · RS 24.45
17 Mar 2023
Entry
GEOS
NASDAQ · Geospace Technologies Corporation
5.80
Trend inclusion
-
4 signals
MA 83.30 · ROC 4.02% · RS 11.32
17 Mar 2023
Entry
GNTA
NASDAQ · Genenta Science SpA ADR
6.65
Trend inclusion
-
5 signals
MA 70.38 · ROC 0.90% · RS 5.98
17 Mar 2023
Entry
GPGI
NYSE · GPGI, Inc.
5.58
Trend inclusion
-
4 signals
MA 61.32 · ROC 1.57% · RS 19.42
17 Mar 2023
Entry
GRMN
NYSE · Garmin Ltd
90.32
Trend inclusion
-
7 signals
MA 20.32 · ROC 0.11% · RS 2.30
17 Mar 2023
Entry
HY
NYSE · Hyster-Yale Materials Handling Inc
38.30
Trend inclusion
-
5 signals
MA 90.31 · ROC 4.44% · RS 37.47
17 Mar 2023
Exit
KALU
NASDAQ · Kaiser Aluminum Corporation
54.49
20% entry drawdown
-26.30%
Entry 10 Feb 2023
73.93
17 Mar 2023
Entry
MIR
NYSE · Mirion Technologies Inc
7.28
Trend inclusion
-
4 signals
MA 61.01 · ROC 1.78% · RS 1.38
17 Mar 2023
Exit
MSGM
NASDAQ · Motorsport Gaming Us LLC
8.19
20% entry drawdown
-20.02%
Entry 10 Mar 2023
10.24
17 Mar 2023
Exit
MTRX
NASDAQ · Matrix Service Co
5.35
20% entry drawdown
-31.85%
Entry 20 Jan 2023
7.85
17 Mar 2023
Exit
NCLH
NYSE · Norwegian Cruise Line Holdings Ltd
12.58
20% entry drawdown
-22.54%
Entry 10 Feb 2023
16.24
17 Mar 2023
Exit
NDLS
NASDAQ · Noodles & Company
38.24
20% entry drawdown
-22.15%
Entry 20 Jan 2023
49.12
17 Mar 2023
Exit
NESR
NASDAQ · National Energy Services Reunited Corp Ordinary Shares
5.04
20% entry drawdown
-31.15%
Entry 10 Feb 2023
7.32
17 Mar 2023
Exit
PSIX
NASDAQ · Power Solutions International, Inc. Common Stock
2.25
20% entry drawdown
-25.00%
Entry 6 Jan 2023
3.00
17 Mar 2023
Exit
PTON
NASDAQ · Peloton Interactive Inc
10.08
20% entry drawdown
-27.11%
Entry 10 Feb 2023
13.83
17 Mar 2023
Exit
RH
NYSE · RH
246.42
20% entry drawdown
-20.68%
Entry 27 Jan 2023
310.65
17 Mar 2023
Exit
RJET
NASDAQ · Republic Airways Holdings Inc
35.40
20% entry drawdown
-27.16%
Entry 10 Mar 2023
48.60
17 Mar 2023
Entry
SBH
NYSE · Sally Beauty Holdings Inc
14.35
Trend inclusion
-
7 signals
MA 28.67 · ROC 1.16% · RS 3.50
17 Mar 2023
Exit
SID
NYSE · Companhia Siderurgica Nacional ADR
2.20
20% entry drawdown
-22.13%
Entry 27 Jan 2023
2.83