What Is the SJ Score? Momentum Continuation Strength, Explained
You may have noticed a new column on the StockJelli screener: SJ. This is the SJ Score — a 0 to 90 momentum continuation strength score that helps you quickly assess how likely a move is to keep running based on historical momentum factors.
The SJ Score isn't a price prediction. It's a way to separate clean breakouts from noisy pumps using the same data points experienced momentum traders look at — condensed into a single number.
How It Works
The SJ Score is calculated from five weighted components, each measuring a different aspect of momentum quality. Together they answer the question: does this move have the characteristics that historically lead to follow-through?
| Factor | What It Measures | Max Points |
|---|---|---|
| Price Strength | Is the gain in the "sweet spot" (15–30%) or overextended? | 25 pts |
| Volume Conviction | Is volume high relative to market cap? Measures real buying pressure. | 25 pts |
| Range Position | Is the price near the day's high? Closer to highs = stronger momentum. | 15 pts |
| Market Alignment | Is the broader market (NASDAQ for stocks, BTC for crypto) trending up? | 10 pts |
| Market Cap Sweet Spot | Mid-caps ($200M–$5B stocks, $100M–$2B crypto) score highest — small enough to move, large enough to trust. | 15 pts |
The maximum possible score is 90. We intentionally cap it below 100 to signal that no momentum setup is ever "perfect" — there's always risk.
Score Tiers
Scores fall into three tiers that are color-coded on the screener:
Real Examples
Here's how the score behaves in three different scenarios:
Why it scores high: Moderate gain (not overextended), confirmed by volume, holding near highs with market support. This is exactly the pattern that tends to follow through.
Why it scores low: The gain is too extreme (penalized above 60%), already pulling back from highs, and micro-cap. These moves look exciting but statistically tend to fade.
Why it scores low: Modest gain with no volume conviction, trading in the middle of its range while the market is down. Mega-caps rarely sustain momentum breakouts.
Why Extreme Gains Score Lower
This is one of the most important design decisions in the SJ Score. A stock up 80% might feel exciting, but historically, moves above 60% have a much higher fade rate. The "sweet spot" for continuation tends to be in the 15–30% range — strong enough to signal institutional interest, but not so extreme that it triggers profit-taking cascades.
That's why you'll sometimes see a coin up 100% with a lower SJ Score than one up 20%. The score isn't measuring how much something moved — it's measuring how likely it is to keep moving.
Volume/Market Cap Ratio
Instead of using traditional relative volume (which requires 30 days of historical data), the SJ Score uses a volume-to-market-cap ratio as a proxy. This captures a similar signal: when a disproportionate amount of money flows into a relatively small asset, it suggests strong conviction behind the move.
For crypto, a ratio above 50% is notable. For stocks, even 5% vol/mcap suggests unusual interest. The thresholds are calibrated differently for each asset class.
Who Sees the Score?
The top 3 momentum leaders (your 🥇🥈🥉 medal winners) always show their SJ Score to everyone. Scores for rows 4 and below are exclusive to subscribers — part of the $5/month plan that also includes email alerts and weekly reports.
Unlock All SJ Scores
Get momentum strength scores for every row, plus email alerts and weekly reports.
Subscribe — $5/moWhat SJ Score Is Not
The SJ Score reflects historical continuation tendencies based on momentum factors. It is not a prediction, probability, or guarantee of any kind. A high SJ Score does not mean a stock or crypto will go up. A low score does not mean it will go down.
Always do your own research. The SJ Score is one data point in your decision-making process — not a replacement for analysis, risk management, or common sense.
What's Next
This is v1 of the SJ Score. We're actively collecting data to backtest and refine the scoring model over time. Future versions may incorporate historical continuation rates, time-to-peak analysis, and machine learning trained on actual breakout outcomes.
For now, treat it as a fast way to separate signal from noise. When you're scanning 15 momentum plays and need to decide which ones deserve a closer look, the SJ Score gives you a starting point.
Disclaimer: StockJelli is an educational tool. The SJ Score reflects historical momentum factor analysis and does not constitute financial advice, a recommendation, or a guarantee of any outcome. Trading involves substantial risk of loss. Always do your own research and consult a qualified financial advisor before making investment decisions.