The Lab
June 2, 2026

Daily Reversals Tool

It Reversed Hard Intraday. Now What?

This tool helps traders put current daily reversal patterns into perspective by showing how price has historically responded to similar reversals in that stock, offering context on whether these intraday shifts have typically led to continuation or reversal.

A bullish reversal happens when price dips below the open but recovers to close higher. A bearish reversal happens when price rallies above the open but fades to close lower.

These reversal patterns often stand out because they reflect a clear intraday shift in sentiment. However, not all reversals carry the same weight. A modest recovery from a shallow dip tells a different story than a strong snap-back from a deep morning decline. Understanding what usually follows requires context from how price has historically responded to similar reversals in that stock.

What the Tool Shows You

Projection

45-Day Projected Price Cone

Projects a potential price range over the next 45 days by applying historical forward returns from past similar setups.

Probability

Probability Graph

Shows how often prices rose or fell after similar setups in the past.

Scan

Auto-Detection

The tool automatically scans the market and highlights stocks with the strongest setups for the day ahead.

Log

Past Similar Setups

A full log of every past day when conditions were similar.

How Traders are using the Daily Reversals Tool

1

Morning Scan

Start the day by checking whether the tool is highlighting any unusual activity in your favorite stocks. This helps you quickly identify which names may be setting up for a potential move.

2

Review the Price Cone

See how price has historically behaved after similar setups. This gives you a realistic view of what typically happens next instead of relying on guesswork.

3

Size the move with the bar graph

Switch to Bar Graph view and set your target price level. The bars show how often similar setups reached that distance by upcoming expirations. Toggle between "By Touch" and "By Close" depending on your strategy.

4

Review the chart and table log for context

Review the historical matches before taking a position. Pay attention to how many comparable setups exist and whether they occurred during similar market conditions. This helps you determine how much weight to give the current signal.

Check if your favorite stock reversed today

Open Daily Reversals Tool

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interested in learning more about our tools.