This guide covers the stock-scanner workflow. TradeBeagle also includes Overnight Crypto beta for weekday nights and Saturday. Explore all three scanners and their hours.
The Opening Reversal list is still ranked the same way: by how far each stock's opening move has stretched past its normal range. The newer columns don't change that: they don't decide which stocks make the list, and they don't change the order. They add context next to each name so you can decide which charts to open first, and what to look for when you do.
Read every one of them as a clue for your own chart review, not a verdict. None of them, alone or together, says a trade will work.
Row colors
In the members' dashboard, each row is tinted by its scan label, a marker for your own research. The color follows the label and nothing else. It isn't advice, an entry signal or a prediction, and it says nothing about which way a name will trade.
On a phone or a narrow window, the table scrolls sideways and the ticker column stays pinned on the left, so you always know which row you're reading.
Two sample rows showing rank and opening range as a percent of ATR(15). Not real trade data.
RSI (1m)
The Relative Strength Index measures how one-sided recent price moves have been, on a scale from 0 to 100. This column uses a 14-period RSI on regular-session 1-minute bars, so it describes the last few minutes of trading, not the day. A common rule of thumb reads a reading above 70 or below 30 as stretched.
In the first half hour, a 1-minute RSI can swing quickly. A very high or very low reading tells you the short-term move is stretched. It doesn't tell you the stretch is over.
Daily MA Setup
This column zooms out to the daily chart. It shows where price sits relative to the daily 20-day and 50-day simple moving averages, and labels whether that position lines up with the row's scan label. For example, a price extended far from both daily averages fits the idea of a move that has stretched too far.
It's a quick way to see whether the bigger-picture chart agrees with the morning's move, before you pull up the daily chart yourself.
MACD (1m)
MACD tracks momentum by comparing a faster and a slower moving average of price. This column reads it on the 1-minute chart and reports one of three states. Converging means the MACD line is closing in on its signal line: the current momentum is fading. Crossed means the two lines have crossed. Not Converging means momentum is still pulling the lines apart.
Reversal traders often want to see momentum fade before a move turns. This column gives you a fast read on that, which you then confirm on your own chart.
Key takeaway: RSI, Daily MA Setup, and MACD describe the setup from three angles: the last few minutes, the daily picture, and momentum. When they point the same way, the chart is usually worth a closer look. When they disagree, that's worth knowing too.
Catalyst Risk
A big opening move with an earnings report behind it can behave very differently from one without. Catalyst Risk flags that. It checks one thing: scheduled earnings, from the earnings calendar of our market data provider. It does not scan news. It shows one of these:
- Earnings (reported pre-market): the company reported before today's open.
- Earnings (reported after close): the company reported after the previous session's close.
- Earnings upcoming: a report is scheduled later today or within the next two weekdays.
- No scheduled earnings: no report falls in that window.
- Unavailable: the earnings calendar couldn't be checked, so no rating is given.
When the badge is underlined, click it to see the earnings entry behind the rating: the date, the reported timing and, when available, the EPS estimate and actual. It's shown as plain text, not a link.
Two cautions. “No scheduled earnings” doesn't mean there's no news: guidance changes, analyst actions, deals and other headlines aren't checked at all. And an earnings date can move or be missing from the calendar. Check your own news source for anything that matters to the trade.
On the Short Reversion list: Flip
The Short Reversion list has its own context column. Flip counts how many times a ticker has switched between passing and failing the Short Reversion setup during the trading day. Passing means flagged by the scanner’s 50-period average filter on every tracked timeframe. A low count means the stock has held the setup steadily. A high count means it keeps slipping in and out, which calls for more care on the chart.
How to use all of this
Start with the ranking: the top of the list is where the most unusual opening activity is. Then use the context columns to decide which charts to open first and what to check when you get there. Everything the dashboard shows is a starting point. The decision, and the risk plan, stay with you.
TradeBeagle provides educational market-scanning tools. Not financial advice. No trade recommendations. Confirm every setup on your own chart and manage your own risk.