Learn the terms · Longer read
Outlook and agreement: what three readings say when they are counted
An outlook is the tally of three readings on one stock - the past year's trend, the reaction to its latest results, and insiders and short sellers: Positive if more point up, Negative if more point down, Mixed if they split or none has a view. Agreement is how many of the readings with a view point the same way. It describes; it never says what to do.
What it measures
Each reading answers a different question, from different data, on its own clock. Trend (past year) reads up when the price closes above its 200-day average and is higher than a year ago (leaving out the last month), down when both point down, and has no view when they disagree. Results day reads the way the price moved around the company's latest results, if the move was at least twice an ordinary two-session move, for 60 trading days afterwards. Insiders and short sellers reads up when directors have bought on market in the last 90 days, and down, for ASX stocks, when a sizeable short position has risen. Directors' sales never count against a stock, but a buying reading needs purchases to exceed sales by value.
Nothing is weighted, and nothing is hidden. The readings are published with their exact settings on the methodology page, every reading is written out as a sentence on the card - with or without a view - and the same three run over every stock in every market the app prices; where a market has no director or short data on file, that reading has no view.
Why three readings, not five rules
Until 8 October 2026 the outlook tallied five rules: RSI, a MACD cross, a moving-average cross, a volume spike and insider filings. Three of those measure nearly the same thing - how the price moved over the last few days or weeks - so "three of four agree" was often one fact counted three times. The three readings share no input, so when they agree it is three separate things lining up. RSI, MACD, the averages and volume are still shown as chart figures; they no longer vote.
Agreement, and why the count matters
Agreement is said as a count: "2 of the 2 readings with a view point up". One reading with a view is 100% agreement - of one. The percentage would look identical to three of three; the evidence is not, which is why the card says how many readings had a view, and how many had none.
Trendentum marks an outlook "High agreement" only when all three readings have a view and agree. The grid colours follow the same tally: green when most readings point up, amber when they split or none has a view, red when most point down, grey when there was no price data to read.
What it is not
An outlook is not a recommendation, a rating or a forecast. It is a summary of three published measurements, and it changes when they do. It does not estimate what a business is worth, and it does not know your situation.
That is a deliberate limit, not an oversight. Trendentum explains every outlook and never tells you what to do with it. The outlook exists so the three readings can be read at a glance; the sentences under it exist so that you can check the glance.
An example
A stock has fallen for most of the year and closes 9% below its 200-day average: the trend reads down. Its results were four months ago, so that reading has no view; no director has bought, so neither has the third. The outlook is Negative, with 1 of 1 reading with a view - the thinnest evidence, and the card says so. Its chart may still be range-bound over the last few weeks: that is a different timeframe, and the page labels it as one.
Where you’ll see it on Trendentum
- The outlook badge and "N of N readings with a view agree" on every signal card
- The rule grid - one coloured square per holding
- The methodology page, with the readings in full
Every term on this page is used the same way across the app, and the exact thresholds behind each rule are on the methodology page. Trendentum explains every call and never tells you what to do with it.