Finance

TychoNova is a web-based research platform we developed to provide users with powerful tools for combining Screening and Event-Driven Analysis within custom Dashboards. The platform allows users to create detailed, data-driven insights by setting up screening criteria based on both fundamental and technical analysis events. For example, a user could search for large-cap tech stocks that have recently crossed above their 52-week moving average, using predefined criteria to narrow down results. Each Dashboard presents organized, actionable data, with the flexibility to explore technical analysis details for a variety of assets, including stocks, commodities, ETFs, and cryptocurrencies.

One of TychoNova’s standout features is the T-Score, a composite metric we designed to summarize technical analysis across multiple indicators. Users can apply specific weights to days and indicators within the analysis window, with T-Scores ranging from -100 (strong downward trend) to 100 (strong upward trend), clustering around zero. Additionally, the Net T-Score adjusts for market bias by incorporating a stock’s BETA, giving a clearer perspective on price pressure and trends. This scoring system simplifies complex technical analysis, offering a snapshot view of market sentiment tailored to each user’s criteria. TychoNova is a versatile tool for those looking to gain insights through customized dashboards and targeted event-driven screening.