COT Divergence Scanner

A divergence happens when price and positioning move in opposite directions. Think of it as a "disagreement" between what the market price is doing and what the big players are actually doing with their money.

Two Types of Divergences

• Bullish Divergence: The price has been falling, but traders are increasing their long positions (buying the dip). This suggests the smart money thinks the selloff is overdone and a bounce may be coming.
• Bearish Divergence: The price has been rising, but traders are reducing their positions (selling into strength). This means the big players are quietly exiting while prices still look good.

Strength and Lookback

The "strength" percentage (0-100%) measures how pronounced the divergence is — higher means a bigger disconnect between price and positioning. The "lookback" period controls how many weeks of data to analyze.

Divergences don't guarantee reversals but can provide early warning signals when combined with other analysis.