TD
Some scores are at the bottom of their range
This score sits at the bottom of the 0–100 range. The underlying calculation was negative, so the displayed value is a floor, not a measurement of zero.
- Tactical Score: displayed 0, underlying value -15.2
Daily closes · 1Y (252 sessions) · +58.7% · range 72.85–124.80
Score trends appear once the scores have been recorded on more than one trading day.
The Businesswhat the company reports
Business & cash flow
| FCF / revenue | — |
|---|---|
| Gross margin | 0.0% |
| ROIC | 0.0% |
| Forward P/E | 15.3 |
No annual filing with both total assets and a cash-flow figure is cached for this name, so neither validated measure can be computed. FCF/revenue is shown instead, which is not the validated measure.
Price vs Earnings growth
Price has run ahead of forward EPS growth by 32.7pp
Confidence 95.0/100
Drivers
| Forward EPS growth | +26.1% |
|---|---|
| Trailing price return (1y) | +58.7% |
| Forward P/E compression | +20.7% |
Figures
| Trailing EPS | 6.20 |
|---|---|
| Forward EPS | 7.82 |
| Trailing P/E | 19.26 |
| Forward P/E | 15.28 |
Takeaway Price has moved further than forward earnings growth currently justifies — worth weighing against the rest of the entry case.
The Pricewhat the chart is doingTop ↑
Price Levels
| Strategy | Fair Value Anchor |
|---|---|
| Reference band | 113.52 — 120.03 |
| Protective stop | 111.85 (Atr, 4.2% risk) |
| Support | 118.69 (3 touches, 0.6% away) |
| Resistance | 120.66 (1.0% away) |
Takeaway The shares are nearer the floor than the ceiling: about 0.6% above 118.69, a price buyers have stepped in at before, and 1.0% below 120.66, where sellers have turned up before. That floor has held 3 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 4.2% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.
Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.
Ichimoku Cloud (Adaptive)
| Daily cloud | Price BELOW the cloud | periods 7/19/38 (74% of classic 9/26/52) |
|---|---|
| Lines | Tenkan/Kijun BEAR (fresh down cross, 2d ago) | cloud twist BEAR (fresh down, 3d ago) |
| Cloud event | Fresh down breakout 5d ago |
| Cloud thickness | 7% percentile (thin — little structure to fight through) |
| Chikou span | Not clear of price from 26 periods ago |
| Weekly cloud | Price INSIDE the weekly cloud (context only, not scored) |
Takeaway The stock is trading below its cloud — a shaded band drawn from several of its own moving averages, currently 120.03 to 120.30. Being below it means the medium-term picture is pointing downwards, and that band is the first hurdle it would have to climb back through. Its shorter-term averages agree with that.
Trailing returns
| 21 days | -0.8% |
|---|---|
| 63 days | +6.4% |
| 126 days | +22.9% |
| 252 days | +61.9% |
| Below 252d high | 4.3% |
Trend context
| Position | Above trend |
|---|---|
| Extension | Extended |
| Trend slope | Rising |
| Direction of travel | Converging back to trend |
Takeaway Positive Kalman trend with moderate extension; constructive for momentum but watch entry risk.
Volatility
| State | Expanded out of a squeeze |
|---|---|
| Current band width | 7.6% of price |
| Recent tightest | 5.1% (9 sessions ago, narrower than 92.0% of its history) |
| Expansion since | 1.50× |
| Band | 115.96 — 125.12 |
Takeaway Lately this share price has been swinging around inside a range roughly 8% wide, and it recently went unusually quiet — calmer than it has been 92% of the time. It has started moving again since, swinging about 1.5 times as widely as during that quiet spell. A stock that has been quiet tends to make its next move look big by comparison, simply because the recent bar was low.
Repair Pathway
- Nearest Trigger EMA20 reclaim +0.5% gap is improving · Broadly stable
- Trigger 2 Relative momentum leadership holds already satisfied Track 2 pathway: relative momentum leadership is already present; maintaining it supports upgrade pressure · Broadly stable
- Trigger 3 Relative strength stabilisation state change relative momentum rank supports RS stabilisation · Broadly stable
- Trigger 4 MACD bullish crossover repair trigger repair engine identifies this as the nearest technical repair catalyst · Broadly stable
- Trigger 5 +DI back above -DI secondary repair secondary repair catalyst could add confirmation if the primary trigger develops · Improving
Who's Tradingthe flow behind the priceTop ↑
Insider activity
| Activity | No filings in the window |
|---|---|
| Buy filings | 0 |
| Sell filings | 0 |
Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.
Volume confirmation
| Volume-price trend | Below its signal line |
|---|---|
| Confirmation | Moderate |
No absorption or distribution event in the recent window.
Takeaway The heaviest trading has been happening on days when the price falls: when large numbers of shares change hands, the price has tended to go down rather than up. That tells you where the weight of trading has been. It does not tell you what happens next, and it is not a signal to sell.
Options Positioning
No binary-event flag
TD: no binary-event flag. Near IV 21%, far IV 21% (ratio 0.97), implied move 4.0%.
| Implied volatility | 21% near (22d) · 21% far (141d) |
|---|---|
| Term structure | 0.97× near/far |
| Historical volatility | 20% |
| Implied vs historical | 1.04× |
| Implied move | ±4.0% by 2026-09-18 |
| Implied move vs ATR | 0.51× |
| Skew | Flat (0.97×) |
| Call wall | 125.00 (+3.7% away) |
| Put wall | 50.00 (-58.5% away) |
| Gamma pin | 50.00 |
Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 4.0% in either direction by 2026-09-18.
Chain as at 2026-08-27. This is a risk read on whether a specific event is being priced — not a directional view.
Context & Methodthe record, and how it was builtTop ↑
Relative Rotation
Mixed Rotation Phase
Rotation health 45.7/100; Mixed Rotation.
| Rotation health | 45.7 |
|---|---|
| Rotation strength | 72.2 |
| Leg | Quadrant | RS-Ratio | RS-Mom |
|---|---|---|---|
| Stock vs sector | Lagging | 88.3 | 89.0 |
| Stock vs SPY | Improving | 87.2 | 110.3 |
| Sector vs SPY | Improving | 92.5 | 124.1 |
Direction of travel: South-West / deteriorating rotation
Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.
News Headlines
- Loading headlines\u2026
Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.
Detailed Scoring
Positive signals
- Piotroski F-score 5/9 (+5.0)
- Altman Z-score 3.00 (+3.0)
- High earnings quality (accrual ratio 0.000) (+1.0)
- Track 2: 20-day momentum acceleration 0.06 (+6.0)
- Track 2: ADX 24.5 and flat (+4.8)
- Track 2: relative momentum rank 0.90 (+12.6)
- Track 2: price above EMA50 by 0.6% (+0.2)
- Track 2: EMA50 slope improving 0.5% (+0.6)
- Track 2: Bollinger position 0.38 (+2.9)
Negative signals
- Track 2: weak MACD histogram (-0.47)
- Track 2: weak MACD line/signal structure (-5.6)
- Track 2: MACD slope deteriorating (-2.3)
- Track 2: weak volume for momentum setup (0.94x average)
- Track 2: bearish DI spread (-11.2)
- Track 2: price below EMA20 by 0.5%
- Track 2: EMA20 slope deteriorating -1.1%
- Track 2: MACD histogram deteriorating (-0.30)
- Track 2: RSI deterioration/overheating 44.3, 5-day change -1.0
- Track 2: weak VPT confirmation (-0.16)
- FCF margin unavailable: revenue missing from fundamentals cache
- Track 2 structural exemption: structural score 9.0/100 below the 25 quality floor; this is an unowned speculative candidate, so the universal SELL gate was skipped and the Track 2 momentum/RRG grid was allowed to evaluate instead. Structural quality here is weak by design for this kind of candidate -- treat any resulting BUY as higher risk than a Track 1 signal.
Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.