| # | Symbol | Price | Wave Score | Macro | Momentum | Ext | Steep | Corr Depth | Regime |
|---|
| Symbol | State | Regime | Price |
|---|
A single ranking of how strongly a stock looks like it is in a main wave run — the steep, extending, impulsive up-leg (an Elliott Wave 3) that Mike wants to get on. It is a heuristic, not a wave count and not a buy signal. Higher = a cleaner candidate to investigate. It is the weighted sum of the components below.
Is the stock in an uptrend on the longer timeframes? Scores positive when the weekly/medium MACDs are positive. This is the gate: without an uptrend, the other components don't mean much.
Is the daily MACD expanding to new highs on the current leg (the wave-3 signature), versus diverging (a wave-5 top warning)?
How much the current leg has extended relative to the prior leg. A classic wave 3 runs about 1.618× the length of wave 1.
Price move per bar on the current leg. The main wave run is the steepest leg of the impulse.
How deep the last pullback (correction) was. A shallow wave-4 pullback relative to the wave-2 pullback is a healthy continuation signal.
UPTREND = medium/long MACDs all positive · DOWNTREND = all negative · MIXED = a mix (e.g. long positive, short negative — mid-pullback).
The v1.2 spec classification: whether a stock is in, approaching, or past a buy or sell zone using the Double Tap + wave-retracement rules.