NX Quanex Building Products Corp
$18.24 · +0.00% vs $18.24 close · scored 22:38 · stale
Decision brief
NEUTRAL · 48/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 48/100
For the read
No strong confirming evidence isolated.
Against / uncertainty
open interest leans against the read · signal stability is low
The read
Neutral, thinly evidenced , but it’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+3.0 composite+0.0 vs a week ago
Evidence
48 / 100 · top 55% today
65 contracts · quality 50 · stability 0.00
neutral · −2.36% · n=9,769
What traded today · weight 62%
−2.9 pts
31 calls · 47.7% 34 puts
bias −4.6 × 0.62
What’s on the books · weight 38%
+5.9 pts
164 call OI · 57.7% 120 put OI
bias +15.5 × 0.38
Equals
+3.0
33% of the score comes from today’s volume, 67% from open interest. Disagree with either?
See the method.
tape composite (bars)— price ◆ big one-day moves 30d: price −17.91% · tape −43.7 · corr 0.27
● peak +71 ▼ low −56.6 ◆ −70.8 in a day 09-04 09-10 09-16 09-22 09-28 10-04 10-17 $23 $18 Plain English: Over 30 days, price has fallen 17.91% while the tape has faded 43.7 points. They agree.
03
Should you trust it? against Thin evidence confidence 48 (45th pct) · quality 50 · 65 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 0
note Neutral reads make no call neutral · balanced · low liquidity → −2.36% avg, n=9,769
note Tape is confirming, not predicting price has led NX’s tape by 2 days (r=-0.36, n=36)
against Our record on NX is poor 8% hit rate on 802 closed calls · payoff 0.81×
04
Where the positions sit calls traded strike puts traded
Spot $18.24 highlighted. The $15 strike holds the most open interest (the “wall”, 88). Near-dated expiry in the mix, so OI is noisier.
9 Oct · 4h
$18.24 → $18.24
+0.00% flat
9 Oct · 4h
$18.54 → $18.24
−1.62% miss
9 Oct · 4h
$18.54 → $18.24
−1.62% miss
9 Oct · 4h
$18.54 → $18.24
−1.62% miss
One rule everywhere: a move of 0.05% or less is flat , and flat is not a hit. That is the same rule Proof uses; 688 of these 802 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 18.35 · fwd 10.34 Beta 0.996
52w $11.04–$23.33 IV rank —
Ask about NX answers from FlowDesk data only
You
Why did the score drop from +67 to +3 this week?
FlowDesk
It was mostly one day. The composite was +68.0 on 7 Oct, then fell to +3.0 on 8 Oct as the price moved from $18.85 to $18.85. It’s at +3.0 now. Today’s +3.0 breaks down as −2.9 from volume and +5.9 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 37 pts stock_scores · 22:38 method · 62/38
Compare with BNC Why is our NX record what it is? What’s the $15 wall?
What our data projects
−0.00 points vs the market, next 5 trading days
#746 of 1513 · helped by tape composite, price momentum (5 days). Not trusted yet: context, not a call.
How
Tell me when… The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $15 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Sign in to set alerts. Composite, price and evidence rules work today; earnings and one-day-move rules aren’t built yet.
Quanex Building Products Corp · Building
Neutral, thinly evidenced . It’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+3.0 evidence 48
neutral · −2.36% · n=9,769
Why it’s +3
−2.9 volume · 48% calls+5.9 OI · 58% calls
37 days · tape bars, price line
◆ −70.8 09-04 09-10 09-16 09-22 09-28 10-04 10-17 $23 $18
Price −17.91%, tape −43.7 over 30 days. The two agree.
Should you trust it?
against Thin evidence confidence 48 (45th pct) · quality 50 · 65 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 0
note Neutral reads make no call neutral · balanced · low liquidity → −2.36% avg, n=9,769
note Tape is confirming, not predicting price has led NX’s tape by 2 days (r=-0.36, n=36)
What traded today · 62%
−2.9 pts
31 calls · 34 puts · bias −4.6
What’s on the books · 38%
+5.9 pts
164 call OI · 120 put OI · bias +15.5
tape composite (bars)— price ◆ big one-day moves 30d: price −17.91% · tape −43.7 · corr 0.27
● peak +71 ▼ low −56.6 ◆ −70.8 in a day 09-04 09-10 09-16 09-22 09-28 10-04 10-17 $23 $18 Over 30 days, price has fallen 17.91% while the tape has faded 43.7 points. They agree.
8% hit rate · 802 closed
9 Oct · 4h
$18.24 → $18.24
+0.00% flat
9 Oct · 4h
$18.54 → $18.24
−1.62% miss
9 Oct · 4h
$18.54 → $18.24
−1.62% miss
9 Oct · 4h
$18.54 → $18.24
−1.62% miss
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $15 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about NX
Why did the score drop from +67 to +3 this week?
It was mostly one day. The composite was +68.0 on 7 Oct, then fell to +3.0 on 8 Oct as the price moved from $18.85 to $18.85. It’s at +3.0 now. Today’s +3.0 breaks down as −2.9 from volume and +5.9 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 37 pts stock_scores · 22:38 method · 62/38
Compare with BNC Why is our NX record what it is? What’s the $15 wall?