Technical indicators guide

A plain-language reference for every technical indicator used by TRINITY's ATHENA engine—what it measures, how to interpret it, and how it connects to stage analysis.

How to use this guide

Stacked panels showing price, RSI, and MACD as example indicator layers.
Trend tools (price/MAs) sit above oscillators for a reason: direction first, momentum second—then compare readings across independent families instead of duplicating the same idea.

ATHENA computes a large set of technical indicators when analyzing each symbol. These indicators feed into the SATA score, the trading signals, and the underlying AI model’s feature vector. Understanding what each indicator measures—and what it doesn’t—makes you a more informed reader of TRINITY’s analysis.

Indicators work best in combination. The cardinal rule in TRINITY’s design: no single indicator drives a signal; multiple independent measures must agree before the model commits to a recommendation.


Moving averages

Simple Moving Average (SMA)

An SMA averages the closing price over a specified number of days. It removes day-to-day noise and reveals the underlying trend direction.

PeriodCommon nameWhat it captures
10-dayShort-term MANear-term price momentum
20-dayIntermediate MAShort-to-medium trend
50-dayMedium-term MAIntermediate institutional trend
200-dayLong-term MAThe primary long-term trend

TRINITY use: All four SMA periods are SATA components 1–4. Being above the 200-day SMA is a foundational requirement in Weinstein’s methodology for Stage 2 classification. A stock trading below its 200-day is, by definition, not a classic Stage 2 candidate.

Interpretation tip: The more SMA levels a stock is above, the more aligned and sustained the uptrend is. Trading above all four (10/20/50/200) is a “full stack” aligned uptrend.

Exponential Moving Average (EMA)

An EMA applies more weight to recent prices, making it faster to react to new price data than a simple average. TRINITY uses EMAs for shorter-period calculations where responsiveness matters more than smoothness.


RSI — Relative Strength Index

Created by: J. Welles Wilder Jr. (1978)

What it measures: The ratio of average gains to average losses over the past 14 periods, expressed on a 0–100 scale.

Not to be confused with: Mansfield Relative Strength, which compares a stock to SPY. RSI compares a stock only to itself. See Relative strength and Mansfield RS.

RSI RangeTraditional interpretationTRINITY use
> 70OverboughtCaution gate for BUY signals—avoids buying into extreme momentum
50–70Bullish momentumRSI > 50 is a SATA component (Component 6)
30–50Bearish momentumWeak momentum; SATA docked
< 30OversoldPotential bounce area; not a buy signal on its own

Key insight: TRINITY uses RSI > 50 as a directional filter (is momentum net positive?), not primarily as an overbought/oversold signal. The overbought check serves as a caution gate—avoiding buying after a stock has already run hard.


MACD — Moving Average Convergence Divergence

Created by: Gerald Appel (1970s)

What it measures: The relationship between two exponential moving averages (typically 12-day and 26-day), expressed as the difference between them (the MACD line) versus a smoothed 9-day average of that difference (the signal line).

Components:

  • MACD line: 12-day EMA minus 26-day EMA
  • Signal line: 9-day EMA of the MACD line
  • Histogram: MACD line minus signal line (shows momentum of the trend)

Interpretation:

ConditionWhat it suggests
MACD above signal lineBullish momentum; shorter-term MA is outpacing longer-term
MACD below signal lineBearish momentum; shorter-term MA is lagging
MACD crossing above signalBullish crossover; momentum turning positive
MACD crossing below signalBearish crossover; momentum turning negative
MACD above zeroThe 12-day EMA is above the 26-day EMA overall

TRINITY use: MACD crossover is a key gate in BUY signal generation. A bullish MACD crossover in a Stage 2 stock with positive SATA is one of the higher-quality setups the model recognizes.


Bollinger Bands

Created by: John Bollinger (1980s)

What they measure: Price volatility and relative price levels, expressed as bands around a central moving average. The bands are typically set at 2 standard deviations above and below a 20-day SMA.

Components:

  • Upper band: 20-day SMA + (2 × 20-day standard deviation)
  • Middle band: 20-day SMA
  • Lower band: 20-day SMA − (2 × 20-day standard deviation)
  • Band width: The difference between upper and lower bands (a volatility proxy)

Interpretation:

  • Price near upper band: The stock is at the high end of its recent range. In an uptrend, this is expected—not necessarily overbought.
  • Price near lower band: At the low end of its recent range. In a downtrend, this is expected—not necessarily oversold.
  • Narrow bands (squeeze): Volatility has contracted. Historically, periods of very low volatility are often followed by sharp moves in either direction.
  • Band expansion: Volatility is increasing; a move is underway.

TRINITY use: Bollinger Band width is used as a volatility proxy in the feature set. Squeezes followed by expansion with directional confirmation (stage + SATA) can be high-quality setups.


ATR — Average True Range

Created by: J. Welles Wilder Jr.

What it measures: The average of a stock’s “true range” over a period (typically 14 days). True range accounts for gaps between sessions—it’s the maximum of: (today’s high − today’s low), (today’s high − yesterday’s close), (yesterday’s close − today’s low).

ATR is a pure volatility measure. It does not indicate direction—only how much the stock typically moves per day.

TRINITY use:

  • Position sizing reference: Higher ATR = larger typical daily moves = greater per-share risk. Proper position sizing scales inversely with ATR.
  • Feature input: ATR is part of the indicator feature vector fed to the AI model.

Example: A stock with an ATR of $2 will, on average, move $2 per day. If you’re willing to risk $200 on a position with a $4 stop loss (2× ATR), you would size to 50 shares.


OBV — On-Balance Volume

Created by: Joe Granville (1963)

What it measures: Cumulative volume flow, used to detect buying and selling pressure. OBV adds the day’s volume to a running total when the stock closes up, and subtracts it when the stock closes down.

Why it matters: Price can be manipulated by small-volume moves. OBV looks for volume confirmation—when price rises are accompanied by strong volume, the move is more likely to be genuine institutional buying rather than thin-market drift.

Interpretation:

  • Rising OBV with rising price → Volume confirms the uptrend (bullish)
  • Rising price with flat or declining OBV → Divergence—the price move isn’t supported by volume; a warning sign
  • Falling OBV with falling price → Volume confirms the downtrend (bearish)

TRINITY use: OBV trends are part of the feature set. Volume confirmation is a key principle in stage analysis—Stage 2 breakouts on weak volume are far less reliable than those accompanied by above-average volume.


Stochastic Oscillator

Created by: George Lane (1950s)

What it measures: Where the current closing price sits relative to the high-low range over the past 14 periods, expressed as a percentage. Two lines are tracked:

  • %K: The raw stochastic value (today’s close vs recent range)
  • %D: A 3-period smoothed moving average of %K

Interpretation:

StochasticTraditional meaning
> 80Overbought zone
< 20Oversold zone
%K crossing above %DBullish crossover signal
%K crossing below %DBearish crossover signal

TRINITY use: Stochastic crossovers contribute to the momentum indicator set. Like RSI, they are most useful when confirming a directional bias established by stage and other indicators—not as standalone buy/sell triggers.


Golden Cross and Death Cross

These are longer-term moving average crossovers that attract significant market attention because many institutional algorithms are programmed to respond to them.

Golden Cross

Definition: The 50-day SMA crosses above the 200-day SMA.

What it suggests: Intermediate-term momentum has overtaken the long-term trend. Often viewed as a confirmation that a new Stage 2 uptrend is establishing.

Caution: Golden crosses are lagging indicators—they confirm what has already happened, not what will happen next. By the time a golden cross prints, the initial breakout from Stage 1 to Stage 2 is already well underway. It’s a confirmation tool, not an entry trigger.

Death Cross

Definition: The 50-day SMA crosses below the 200-day SMA.

What it suggests: Intermediate-term weakness has overtaken the long-term trend. Often associated with Stage 3 to Stage 4 transitions.

TRINITY use: Golden and death cross status are part of the feature vector. A golden cross in a Stage 2 stock adds confirmation; a death cross in a stock being evaluated for a BUY is a warning flag.


ADX — Average Directional Index

Created by: J. Welles Wilder Jr.

What it measures: The strength of a trend, regardless of direction. ADX ranges from 0 to 100:

ADXTrend strength
< 20Weak or no trend; choppy market
20–40Moderate trend
40–60Strong trend
> 60Very strong trend; may be approaching exhaustion

ADX does not tell you the direction of the trend—only how strong it is. It is often paired with the +DI and -DI directional indicators.

TRINITY use: ADX is part of the feature set for distinguishing stocks in genuine trends from those moving sideways. High ADX in a Stage 2 stock suggests the trend is strong and established; low ADX in a Stage 2 stock suggests the “trend” may be tentative.


Momentum and rate-of-change (ROC)

What it measures: How much the price has changed over a specified period, expressed as a percentage. A 10-day ROC of +5% means the stock is up 5% over the past 10 trading days.

TRINITY use: 10-day ROC > 0 is SATA Component 7. It’s a simple but effective check that the recent price direction is positive.


Quick reference table

IndicatorWhat it measuresTRINITY primary use
SMA (10/20/50/200-day)Price vs trend at different timeframesSATA components 1–4; stage confirmation
EMAFaster-reacting moving averageShorter-period calculations
RSIMomentum relative to self (0–100)SATA component 6; BUY signal overbought gate
MACDRelationship between short and long EMAsBUY signal momentum gate
Bollinger BandsPrice vs volatility bandsVolatility proxy; squeeze detection
ATRDaily volatility (dollar range)Position sizing reference; feature vector
OBVVolume-confirmed price trendVolume confirmation in feature vector
StochasticPrice vs recent high-low rangeMomentum confirmation
Golden/Death Cross50-day vs 200-day crossoverStage transition confirmation
ADXTrend strength (0–100)Distinguishing trending from choppy stocks
Mansfield RSPerformance vs SPY benchmarkSATA component 5; BUY signal gate
ROC (10-day)Short-term price momentumSATA component 7

The key rule

These indicators are tools. Used in isolation, each can generate false signals. TRINITY’s design principle is that multiple independent measures must agree before a signal is generated. A MACD crossover in a Stage 4 stock is not a buy signal. RSI dropping below 30 in a Stage 1 stock is not necessarily an entry point.

Stage analysis provides the framework. Indicators provide the confirmation layers. Together, they form a structured, multi-factor research process.


Technical indicators are mathematical calculations applied to historical price and volume data. Past indicator behavior does not guarantee future price performance. All content is educational. See Disclosures.

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