Legend
Every mark on the board and the record, one line each. Press any mark on a page and the same line opens beside it.
The shapes we scan for
The scanner's public vocabulary. A shape name on a row is one of these.
FLOOR-REFUSED
Qualified on strength but never held the pullback floor — the extra seat, with a thinner fill and wider risk than the core seats.
The grade
- HIT
Hit
Closed above the alert price.
The grade is decided on the close, never on the peak.
- NO-CAPTURE
No capture
Alerted before 09:40; closed at or below the alert level.
A call that kept nothing is still a call, and it stays on the record.
- MISS
Miss
The name moved and nothing went out; the reason code says why.
Misses stay on the tape. A record you can audit includes them.
- —
Not graded yet
The session has not closed, so no grade exists.
A blank asserts nothing. An ungraded row was once painted as a hit, and it was a loss.
- grade pending
Grade pending
Withheld: the archive has not proven the full tape for this row.
A grade on a truncated tape is a wrong grade. It waits for the bars.
- corrected
Grade corrected
A published grade corrected by hand; the earlier figure used a truncated tape.
The correction is louder than the error was, and its date stays on the row.
Reason codes on a miss
- TOP-N-CUTOFF
Ranked out
Detected, then ranked out of the alert cap.
The card carries five seats by rule. A sixth name is a miss we own.
- SCANNED-LATE
Scanned late
The scan reached it after the turn.
Late is a miss. The clock is on every row so you can check.
- NEVER-SURFACED
Never surfaced
Nothing detected it, and we say so.
Naming what the instrument never saw is what keeps the coverage figure honest.
Marks on a row
- PEAK
Peak
The highest print after the call, alert minute to close.
Reaching a price is not getting it. The grade stays on the close.
The full disclosure, verbatimPEAK is the highest print after the call, alert minute to close, on the same bars as CAPTURE. Reaching a price is not getting it — nobody is owed the top tick. CAPTURE is where it ended; RESULT is decided on the close, never the peak.
- †
Partial peak
Measured before the close, so it can only move up.
Filing an intraday peak as final would understate it by an unknown amount.
The full disclosure, verbatim† A peak marked partial was measured before the close, so it is the most offered so far and can only move up.
- ★
Starred peak
The peak cleared 5% above the alert price.
It says what the name offered, never what the call returned. A starred name can still be a miss.
The full disclosure, verbatim★ marks a name whose peak cleared 5% above the alert price. It says what the name offered, never what the call returned — RESULT is still decided on the close, and a starred name can still be a miss.
- KEEP
Keep
Public float under 100 million shares at the 15:50 ET check. A size class, not a call to hold.
Small floats swing harder both ways. A KEEP that closed red stays on the record.
The full disclosure, verbatimKEEP marks a public float measured under 100 million shares at our 15:50 ET check — a size class, decided by that one input and nothing else. A small float moves further on the same order flow, and it moves further both ways, gaps against included. It says what the name is, not what it will do, and a KEEP that closed red stays on this record.
- BET
Bet lane
Passed every shape gate; a tradability floor refused it. Thinner fill, higher risk, its own record.
It displaces no seat and is never counted in the card's figures.
The full disclosure, verbatimBET — floor-refused · thinner fill · higher risk. Passed every shape gate; a tradability floor refused it: price or average volume under what the main lane requires. Thinner fills, wider spread, quoted above. It displaces nothing and is graded on its own record, under the ladder rule.
- · members
Members-only column
Withheld while the session is open; public once the session is graded.
A withheld number and an unmeasured one look alike. This mark keeps them apart.
- ·
Not in the record
The record does not say.
Never filled with a nearby number. An absence is a fact, not a gap to paper over.
The stat strip
- UNGRADED
Coverage ungraded
Graded after the close; a word here, not a zero.
A zero before the close would read as a session that caught nothing.
Where a row came from
- LIVE
Live
The level went out at the minute shown.
Published before the day happened. The only kind of row the headline counts.
- RECONSTRUCTED
Reconstructed
Read out of the archive later; nobody was told at the time.
It exists to be inspected, never to pad a headline.
- UNVERIFIED
Unverified
The row does not say which, so we do not say either.
Defaulting it to LIVE would be the exact claim this badge exists to prevent.
- DIVERGENCE
Divergence
The record and the archive rebuild disagree on this day.
Both are shown and neither is hidden. The producer's own flag, quoted.
What was done with it
- TAKEN
Taken
Sent, and a position was logged against it.
A logged trade is a member's own fact and never a grade on the call.
- NOT-TAKEN
Not taken
Sent, and no position was logged against it.
Most rows are this. Sent is the fact; taking it was never the product.
The day's phase
- WAITING
Waiting for the open
Before 09:43 ET; below is the last session that ran.
Nothing is wrong. A card not yet called is the system working.
- STARVED
Card did not publish
Today's card is absent; everything below is a previous session.
A stale card looks like today's. The banner names both dates so it cannot.
- CLOSED
Market closed
No session today; below is the last session that ran.
Dim, not the failure colour. A Saturday is not an incident.
- CALLED
Called, not yet graded
Called at 09:40; grading lands after the close.
Every row on today's card is ungraded until 16:00 ET.
The nightly review
- MEASURED
Measured
The scorecard answered, and something alerted before 09:40.
The nightly job's own word, quoted from the record.
- CORRECTLY_SILENT
Correctly silent
Full universe, real scan, nothing met the bar. Not a defect.
A quiet day and a broken scan look alike from outside. This word tells them apart.
- UNKNOWN
Unknown
The scorecard could not answer this session.
Not zero, not silent: the record could not be read.
- STARVED
Review starved
The review job could not read a scorecard.
The evening job ran and found nothing to grade. Only this one is a fault.
- BUILDING
Building
Waiting for the close; the write-up lands tonight.
The evening is still ahead. Nothing here is wrong.
Why a name was not called
- LATE LOOK
Late look
It qualified and we reached it after the call had already gone out.
Ours. It met the criteria and the instrument did not get there.
- NEVER SAW
Never saw
It qualified and was filtered out before the scan ever saw it.
Ours. A filter upstream of the scan is still our filter.
- RANKED OUT
Ranked out
It qualified and then ranked below the names we carry.
Ours. Five seats by rule, and this one was sixth or lower.
- STARVED OUT
Starved out
A cap was already spent, so it was never judged on the merits.
Ours. A cap that fills is a limit we chose.
- CALLED LATE
Called late
We did call this one, after the move had already gone.
Behind it, not blind to it. Late still counts against us.
- BELOW FLOOR
Below floor
Trades below the price floor, outside what the instrument hunts.
A refusal, not a miss. The floor is published and the name sat under it.
- TOO THIN
Too thin
Does not clear the liquidity minimum, outside what the instrument hunts.
A refusal, not a miss. Thin books fill badly, and the rule says no before the tape does.
- TOO SMALL
Too small
Sits under the size minimum, outside what the instrument hunts.
A refusal, not a miss. Market cap is a published floor.
- NO LEVEL
No level
It never set up a level worth trading against.
A refusal, not a miss. Without a level there is nothing to publish.
- GAPPED OUT
Gapped out
The move was an overnight gap; it was already spent at the open.
A refusal, not a miss. The scanner watches the open, not the night before.
- NOT GRADED
Not graded
We could not establish whether this one met the criteria, so it is in neither denominator.
Unresolved. Saying which would be a guess, so the row says neither.
- NO TRACE
No trace
We can't trace this one from what the archive kept.
Unresolved. The archive is the limit of what can be said.
Whose miss it was
- ▍
Our miss
It met our criteria and we did not get there. Ours.
Red ink and a leading marker. Colour alone is not a channel.
- ▍
Late
We did call it, after the move had gone.
Amber. Behind it, not blind to it.
- By design
By design
Outside the published criteria. Not a miss, a refusal.
White. A fact about the name, not a grade on us.
- Unresolved
Unresolved
We cannot say which, so we do not say.
Grey. In neither denominator.
On the Telegram card
- FEED-LAG-REFUSED
Refused: feed lag
Withheld: the price feed went stale before the send, and the true 09:40 tape refused the seat.
A seat ranked on a print two minutes old is not a seat. Not sent beats sent wrong.
Rendered on the private card, not on this site.