Small-cap watchlist terms, in plain language.

A gap is a break between a security’s prior closing price and its next opening price, with no trades recorded through the prices in between. “Gap up” and “gap down” describe the direction from the prior close; neither says what the price will do next.

Sources:Investopedia: Gapping: Definition, Types, Example, and Trading StrategiesInvestopedia: Understanding Stock Gaps: Types, Examples, and Trading Insights

Relative volume compares the volume recorded so far with a stock’s average volume over a defined historical period. The comparison window and treatment of partial trading sessions can vary by provider.

Bellwisp-specific noteThe supplied research does not establish Bellwisp’s lookback period or exact calculation.

Sources:Investopedia: Master Trading with Stock Volume Indicators

Float is the number of a company’s shares generally available for public trading. Restricted or closely held shares are generally excluded. Float is not the same as the number of shares traded during a session.

Sources:Investopedia: Floating Stock: Definition, Example, and Why It's Important

A catalyst is news or an event that may materially affect a stock’s price or expectations about it. Earnings, product announcements, legislation, and corporate developments are examples; the effect can be positive or negative.

Bellwisp-specific noteA catalyst describes context that may help explain attention or a price move. It does not confirm the information is complete or predict an outcome.

Sources:Investopedia: What Is a Catalyst in Finance?

Key levels are price areas traders watch as possible support or resistance. They are often identified from prior price reactions, but they are interpretive reference points, not guaranteed floors, ceilings, or turning points.

Bellwisp-specific noteThe supplied research does not establish Bellwisp’s charting method, timeframes, or rules for selecting these levels.

Sources:TradingView: What Is Support and Resistance in Trading? Key Levels BasicsTradingView India: What Is Support and Resistance and Why Is It Crucial?

A watchlist rating is a label or score intended to summarize an assessment. The label by itself does not explain what was assessed or how to interpret a particular grade.

Bellwisp-specific noteBellwisp’s public overview mentions a quality rating and says it avoids black-box scores. The supplied research does not document the rating’s inputs, scale, weighting, or thresholds, so this glossary cannot assign a Bellwisp-specific meaning to any grade.

Sources:Bellwisp: Bellwisp public watchlist overview

Risk flags are notes that call attention to conditions worth reviewing, such as a share offering, a reverse split, thin liquidity, or a technical level that may no longer be relevant. A flag is context, not a prediction or a recommendation to trade.

Bellwisp-specific noteBellwisp’s public overview names offerings, shelf registrations, reverse splits, and thin liquidity as examples. The supplied research does not establish Bellwisp’s screening rules or thresholds for raising a flag.

Sources:Bellwisp: Bellwisp public watchlist overviewTradingView: What Is Support and Resistance in Trading? Key Levels Basics