Methodology
Production scores and observation confirmations (0–6) are separate. A high score is not a buy or order approval. Missing calculations stay unavailable.
Close trend25/100Relative strength25/100Volume confirmation20/100Sector momentum10/100Entry quality10/100Trend stability10/100
01 · Production / 100
A technical score of price, volume and market-relative movement. Fundamentals and news do not directly add points.
P = T + RS + V + S + E + A
T trend · RS relative strength · V volume · S sector · E entry quality · A stability. The six components above are summed. Rounded summaries and exact Production scores are distinct.
02 · Core formulas
- Return · rₙ
- 100 × (close ÷ close n trading sessions ago − 1)
- Relative strength · RS
- Stock return − benchmark or sector return (percentage points). Production compares SPY and the sector ETF on aligned sessions.
- Relative volume · RVOL
- Today’s volume ÷ average volume over the preceding 20 sessions
- Volume score · V
- Sum of five factors × 0.8: daily participation, 3-day persistence, up/down participation balance, close location and supported volume contraction/resumption. Distribution or failed-breakout warnings cap this component at 10.
- Close trend · T
- The weighted 20/60-session returns and moving-average position, alignment and slope are multiplied by 1.15, capped at 25.
03 · Separate confirmations / 6
Fundamentals · peer theme · breakout quality · liquidity · relative strength · chart flow.
Count = number of ○ across six checks
○ confirmed · △ partial · × unmet · ? unverified · — not applicable. Partial checks are excluded and confirmations never add to Production.
OBV, A/D and CMF are price/volume-based observations, not measured institutional or foreign net buying.
04 · AXIOM reading principles
Read trend, market/sector-relative strength, volume participation, entry stretch and stability together. Correlated signals are not independent evidence.
A score is not a probability or expected return. Read source dates, freshness, stored-data status and caution conditions alongside it. Unavailable calculations never become zero.
Investment resources
Thank you to Wipol PD for compiling and sharing these resources.
01 · Markets, quotes & charts
- Naver Finance ↗
Korean stock prices, news, company information and brokerage research.
- Yahoo Finance ↗
US stock and ETF quotes, company news and financial information.
- Investing.com ↗
Global indices, futures, rates, currencies, commodities and economic calendars.
- TradingView ↗
Chart analysis, stock/index performance comparisons and watchlists.
- Trading Economics ↗
Compare economic indicators and historical trends across countries. Check separate download and API terms.
- Finviz ↗
US market heatmaps, sector moves and screening. Advanced and real-time features require paid access.
Check whether quotes are delayed or real-time and whether they refer to regular or extended hours.
02 · News & headlines
- Reuters ↗
Global financial markets, companies, policy and geopolitics.
- Financial Times ↗
In-depth context on economics, finance and industry. Subscription-focused.
- FinancialJuice ↗
Economic releases, central-bank comments and market headlines. Delays vary by service tier.
- Yonhap Infomax ↗
Bond, currency, monetary-policy and institutional-flow news. Web articles and terminal services differ.
- Telegram, X & discussion boards
Supplementary channels for links and reactions. Verify brokerage and analyst channels through official websites.
Verify clipped statements, translations and unconfirmed rumors against original articles, filings and official announcements.
03 · Korean research & forecasts
- Naver Research ↗
Public company, industry, economic and investment-strategy reports.
- WiseReport ↗
Brokerage report search and summaries. Full reports and detailed features depend on access rights.
- FnGuide Company Guide ↗
Financial statements, investment ratios, earnings consensus and sector comparisons. Search for “FnGuide” plus a company name.
04 · Korean & US filings
- DART ↗
Korean annual/quarterly reports, financial notes, capital increases, convertible bonds and treasury-share filings.
- KRX KIND ↗
Listed-company disclosures, trading halts, investment cautions and listing information.
- SEC EDGAR ↗
US annual/quarterly reports, material-event filings, insider transactions and institutional holdings.
- Stock Analysis ↗
US financial statements, cash flow, share counts and valuation. Some features are paid.
US filing basics: 10-K annual reports, 10-Q quarterly reports and 8-K material-event filings.
05 · US earnings & analysis
- Seeking Alpha ↗
Company analysis and earnings-call transcripts. Much of the content requires a subscription.
- FactSet Insight ↗
S&P 500 earnings growth, earnings surprises, sector outlooks and valuation.
- Yahoo Finance ↗
Company earnings forecasts and analyst estimates.
Seeking Alpha contributions express author opinions. Distinguish them from company releases and original earnings calls.
06 · Economics, central banks & rates
- Investing Economic Calendar ↗
Release schedules and comparisons of forecasts, actual results and prior readings.
- FRED ↗
Long-term US rates, inflation, employment, money and credit time series and downloads.
- Bank of Korea ECOS ↗
Korean rates, exchange rates, monetary statistics and balance of payments.
- Federal Reserve FOMC ↗
Meeting schedules, statements, minutes, economic projections and dot plots.
- CME FedWatch ↗
Meeting-specific rate probabilities reflected in federal-funds futures.
FedWatch reflects market expectations, not an official Fed forecast. Use FRED for long-term trends and releasing agencies for current detail and revisions.
07 · Korean flows, short selling & funds
- KRX Data ↗
Investor trading activity, stock flows, short selling, derivatives and open interest.
- KOFIA Statistics ↗
Investor deposits, margin financing, funds and market-funding statistics.
- SEIBro ↗
Dividend and corporate-action schedules, issuance data and Korean investors’ foreign-securities custody and settlement statistics.
08 · ETF search & comparison
- ETF CHECK ↗
Korean and US ETF search and comparisons of returns, holdings and distributions.
- ETF.com ↗
US ETF search and comparison, holdings, fund flows and related articles.
09 · Semiconductor resources
- TrendForce ↗
DRAM, NAND, HBM and semiconductor-industry news and supply/demand outlooks. Detailed research is mainly paid.
- DRAMeXchange ↗
DRAM and NAND pricing trends. Check the price type and publicly available scope.