What is Put-Call Ratio (PCR) and how do I interpret it?

PCR is the ratio of total Put Open Interest to Call Open Interest. High PCR (>1.2) indicates bullish sentiment as more puts provide support. Low PCR (<0.8) indicates bearish sentiment as more calls provide resistance. Neutral PCR (0.8-1.2) shows balanced market sentiment.

What is COI PCR and how is it different from regular PCR?

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change. Unlike regular PCR which uses total accumulated OI, COI PCR uses only today's changes, making it more responsive and valuable for intraday traders.

What is COI Strength and how do I use it?

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|). This normalized indicator measures directional bias on a scale from -1 to +1. Values > 0.3 indicate bullish sentiment, < -0.3 indicate bearish sentiment, and -0.3 to 0.3 indicate neutral activity.

How often does PCR data update?

PCR data updates based on the selected interval. 1 Minute interval provides real-time intraday tracking with updates every minute during market hours. 1 Day interval shows end-of-day PCR values for historical analysis.

What do negative PCR values mean?

Negative PCR occurs when Call OI Change is negative while Put OI is also negative, or vice versa. Common scenarios include: PE > 0 and CE 0 (strong bearish), or both negative (neutral, low conviction). Use COI Strength for clearer signals in these cases.

How do I use PCR with price action?

Combine PCR with price for better signals. Use divergence trading when price and PCR move opposite. Look for confirmation when price and PCR align. Watch for extreme COI Strength values at support/resistance for reversal signals. Monitor sudden COI Strength shifts as they often precede intraday trend changes.

SILVER

Q: What is COI PCR and how is it different from regular PCR?

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change. Unlike regular PCR which uses total accumulated OI, COI PCR uses only today's changes, making it more responsive and valuable for intraday traders.

Q: What is COI Strength and how do I use it?

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|). This normalized indicator measures directional bias on a scale from -1 to +1. Values > 0.3 indicate bullish sentiment, < -0.3 indicate bearish sentiment, and -0.3 to 0.3 indicate neutral activity.

Q: How often does PCR data update?

PCR data updates based on the selected interval. 1 Minute interval provides real-time intraday tracking with updates every minute during market hours. 1 Day interval shows end-of-day PCR values for historical analysis.

Q: What do negative PCR values mean?

Negative PCR occurs when Call OI Change is negative while Put OI is also negative, or vice versa. Common scenarios include: PE > 0 and CE 0 (strong bearish), or both negative (neutral, low conviction). Use COI Strength for clearer signals in these cases.

Silver

198427 +526.00 (0.27%)

L: 194260 H: 199386

Put-Call Ratio - SILVER

16 Dec 2025 10:44 PM IST

Live

Expiry

Put OI

13,980

Call OI

4,531

PCR

3.09

Put OI Chg

511

Call OI Chg

381

COI PCR

1.34

COI Strength

0.15

Interval

On 9:30 SILVER was trading at 195893 with pcr value 3.71

On 9:45 SILVER was trading at 195852 with pcr value 3.74

On 10:00 SILVER was trading at 195938 with pcr value 3.32

On 10:15 SILVER was trading at 196401 with pcr value 3.36

On 10:30 SILVER was trading at 196055 with pcr value 3.38

On 10:45 SILVER was trading at 195735 with pcr value 3.37

On 11:00 SILVER was trading at 195314 with pcr value 3.27

On 11:15 SILVER was trading at 195358 with pcr value 3.13

On 11:30 SILVER was trading at 195790 with pcr value 3.14

On 11:45 SILVER was trading at 196444 with pcr value 3.17

On 12:00 SILVER was trading at 196720 with pcr value 3.16

On 12:15 SILVER was trading at 196998 with pcr value 3.06

On 12:30 SILVER was trading at 196900 with pcr value 3.06

On 12:45 SILVER was trading at 196760 with pcr value 3.03

On 13:00 SILVER was trading at 196592 with pcr value 3.21

On 13:15 SILVER was trading at 196853 with pcr value 3.25

On 13:30 SILVER was trading at 196981 with pcr value 3.24

On 13:45 SILVER was trading at 196950 with pcr value 3.23

On 14:00 SILVER was trading at 196773 with pcr value 3.23

On 14:15 SILVER was trading at 197028 with pcr value 3.23

On 14:30 SILVER was trading at 197466 with pcr value 3.24

On 14:45 SILVER was trading at 197387 with pcr value 3.22

On 15:00 SILVER was trading at 197397 with pcr value 3.22

On 15:15 SILVER was trading at 197301 with pcr value 3.21

On 15:30 SILVER was trading at 196920 with pcr value 3.22

On 15:45 SILVER was trading at 196805 with pcr value 3.17

On 16:00 SILVER was trading at 197000 with pcr value 3.16

On 16:15 SILVER was trading at 196925 with pcr value 3.17

On 16:30 SILVER was trading at 197060 with pcr value 3.16

On 16:45 SILVER was trading at 196864 with pcr value 3.16

On 17:00 SILVER was trading at 196637 with pcr value 3.11

On 17:15 SILVER was trading at 196796 with pcr value 3.11

On 17:30 SILVER was trading at 197160 with pcr value 3.13

On 17:45 SILVER was trading at 197290 with pcr value 3.13

On 18:00 SILVER was trading at 197475 with pcr value 3.13

On 18:15 SILVER was trading at 197342 with pcr value 3.13

On 18:30 SILVER was trading at 197503 with pcr value 3.14

On 18:45 SILVER was trading at 196978 with pcr value 3.17

On 19:00 SILVER was trading at 197900 with pcr value 3.17

On 19:15 SILVER was trading at 197626 with pcr value 3.19

On 19:30 SILVER was trading at 198500 with pcr value 3.21

On 19:45 SILVER was trading at 198425 with pcr value 3.23

On 20:00 SILVER was trading at 198709 with pcr value 3.25

On 20:15 SILVER was trading at 198790 with pcr value 3.28

On 20:30 SILVER was trading at 198596 with pcr value 3.28

On 20:45 SILVER was trading at 198376 with pcr value 3.29

On 21:00 SILVER was trading at 198100 with pcr value 3.28

On 21:15 SILVER was trading at 198201 with pcr value 3.1

On 21:30 SILVER was trading at 198391 with pcr value 3.1

On 21:45 SILVER was trading at 198324 with pcr value 3.12

On 22:00 SILVER was trading at 198285 with pcr value 3.04

On 22:15 SILVER was trading at 196996 with pcr value 3.08

On 22:30 SILVER was trading at 197851 with pcr value 3.05

On 22:45 SILVER was trading at 198397 with pcr value 3.09

Put-Call-Ratio Table

PCR Table Expiry

Note:- click on symbol to see more detailed view

	PCR OI			COI PCR
Symbol	Put	Call	Ratio	Put	Call	Ratio
360ONE	2,016	3,258	0.62	-59	-22	2.68
ABB	5,370	6,385	0.84	-121	-310	0.39
ABCAPITAL	4,782	7,787	0.61	-134	30	-4.47
ADANIENSOL	3,387	5,775	0.59	-280	438	-0.64
ADANIENT	26,497	44,049	0.60	-697	633	-1.10
ADANIGREEN	10,334	19,575	0.53	-714	566	-1.26
ADANIPORTS	9,151	18,039	0.51	-48	415	-0.12
ALKEM	1,237	1,658	0.75	71	-60	-1.18
AMBER	7,025	10,278	0.68	-100	-254	0.39
AMBUJACEM	8,512	10,329	0.82	-674	-170	3.96
ANGELONE	7,639	18,450	0.41	-89	957	-0.09
APLAPOLLO	2,437	2,706	0.90	-57	-131	0.44
APOLLOHOSP	7,864	16,171	0.49	307	1,119	0.27
ASHOKLEY	12,389	12,814	0.97	615	357	1.72
ASIANPAINT	17,055	33,810	0.50	-294	-841	0.35
ASTRAL	4,432	7,948	0.56	326	208	1.57
AUBANK	6,351	7,514	0.85	-283	-90	3.14
AUROPHARMA	4,459	10,360	0.43	-187	231	-0.81
AXISBANK	26,517	59,232	0.45	12,160	29,960	0.41
BAJAJ-AUTO	14,853	27,432	0.54	474	-257	-1.84
BAJAJFINSV	14,330	20,519	0.70	971	1,399	0.69
BAJFINANCE	23,383	40,973	0.57	853	2,872	0.30
BANDHANBNK	7,652	11,416	0.67	-16	-32	0.50
BANKBARODA	12,290	16,779	0.73	173	665	0.26
BANKINDIA	3,321	4,690	0.71	-3	67	-0.04
BDL	8,295	20,673	0.40	757	2,714	0.28
BEL	27,127	61,809	0.44	556	2,100	0.26
BHARATFORG	4,196	6,900	0.61	26	84	0.31
BHARTIARTL	19,480	40,121	0.49	615	-470	-1.31
BHEL	8,925	17,965	0.50	-231	441	-0.52
BIOCON	6,477	13,006	0.50	81	482	0.17
BLUESTARCO	1,373	1,757	0.78	-10	43	-0.23
BOSCHLTD	1,615	3,188	0.51	72	181	0.40
BPCL	5,445	9,136	0.60	-185	1,078	-0.17
BRITANNIA	6,421	9,078	0.71	604	1,442	0.42
BSE	18,371	37,579	0.49	284	3,837	0.07
CAMS	4,337	7,332	0.59	-51	-86	0.59
CANBK	12,026	16,088	0.75	-10	460	-0.02
CDSL	9,558	21,928	0.44	-63	313	-0.20
CGPOWER	4,641	8,967	0.52	-125	91	-1.37
CHOLAFIN	3,603	5,658	0.64	-22	359	-0.06
CIPLA	10,154	15,519	0.65	126	761	0.17
COALINDIA	12,574	13,027	0.97	-32	5	-6.40
COFORGE	8,700	20,127	0.43	18	-1,228	-0.01
COLPAL	6,488	10,703	0.61	62	1,271	0.05
CONCOR	7,651	10,169	0.75	-51	327	-0.16
CROMPTON	6,349	11,761	0.54	-51	47	-1.09
CUMMINSIND	3,564	4,466	0.80	40	80	0.50
CYIENT	1,947	2,953	0.66	-44	31	-1.42
DABUR	5,942	11,143	0.53	722	796	0.91
DALBHARAT	2,888	3,798	0.76	-221	-491	0.45
DELHIVERY	3,908	6,390	0.61	74	621	0.12
DIVISLAB	6,580	9,058	0.73	38	-28	-1.36
DIXON	35,819	62,397	0.57	-1,473	3,059	-0.48
DLF	16,560	25,980	0.64	-103	295	-0.35
DMART	7,175	15,625	0.46	56	2,761	0.02
DRREDDY	5,374	10,739	0.50	-217	-100	2.17
EICHERMOT	10,854	16,012	0.68	-266	58	-4.59
ETERNAL	19,369	36,243	0.53	1,760	7,896	0.22
EXIDEIND	4,037	5,736	0.70	28	187	0.15
FEDERALBNK	8,143	7,983	1.02	-634	124	-5.11
FORTIS	3,597	8,712	0.41	-7	-725	0.01
GAIL	13,520	20,687	0.65	52	94	0.55
GLENMARK	8,060	10,927	0.74	209	494	0.42
GMRAIRPORT	10,829	19,463	0.56	-136	1,027	-0.13
GODREJCP	3,928	5,937	0.66	835	1,952	0.43
GODREJPROP	7,027	11,735	0.60	389	772	0.50
GRASIM	9,551	8,614	1.11	-4	56	-0.07
HAL	27,886	56,679	0.49	115	3,857	0.03
HAVELLS	3,543	4,741	0.75	-25	37	-0.68
HCLTECH	11,520	20,219	0.57	20	931	0.02
HDFCAMC	4,714	6,414	0.73	393	719	0.55
HDFCBANK	42,766	63,381	0.67	1,427	-342	-4.17
HDFCLIFE	7,622	19,104	0.40	-3	1,627	-0.00
HEROMOTOCO	12,927	18,376	0.70	172	126	1.37
HFCL	4,924	11,978	0.41	19	-410	-0.05
HINDALCO	15,511	21,091	0.74	-1,433	-227	6.31
HINDPETRO	3,877	6,875	0.56	-154	476	-0.32
HINDUNILVR	9,907	19,875	0.50	-790	-274	2.88
HINDZINC	24,125	33,477	0.72	-1,593	-1,490	1.07
HUDCO	6,370	14,314	0.45	105	184	0.57
ICICIBANK	32,151	50,381	0.64	990	485	2.04
ICICIGI	3,060	5,458	0.56	-103	-79	1.30
ICICIPRULI	2,330	4,772	0.49	-82	187	-0.44
IDEA	15,238	26,523	0.57	134	-367	-0.37
IDFCFIRSTB	9,768	12,592	0.78	-216	-17	12.71
IEX	8,415	11,563	0.73	-29	-345	0.08
IIFL	2,600	4,338	0.60	-26	141	-0.18
INDHOTEL	5,779	9,155	0.63	64	703	0.09
INDIANB	4,836	12,039	0.40	70	669	0.10
INDIGO	51,728	1,09,173	0.47	-1,100	-3,603	0.31
INDUSINDBK	12,642	18,488	0.68	265	766	0.35
INDUSTOWER	8,736	15,507	0.56	-182	-309	0.59
INFY	38,013	61,797	0.62	-2,528	727	-3.48
INOXWIND	7,007	13,944	0.50	-226	84	-2.69
IOC	7,269	12,598	0.58	518	1,406	0.37
IRCTC	7,326	11,039	0.66	93	-26	-3.58
IREDA	4,940	10,248	0.48	26	-64	-0.41
IRFC	4,544	9,492	0.48	73	336	0.22
ITC	21,885	34,223	0.64	-3,032	-10	303.20
JINDALSTEL	5,505	8,892	0.62	64	863	0.07
JIOFIN	18,035	25,758	0.70	-115	1,113	-0.10
JSWENERGY	10,224	15,138	0.68	-810	-259	3.13
JSWSTEEL	12,884	28,439	0.45	-1,436	1,300	-1.10
JUBLFOOD	6,761	9,713	0.70	777	1,644	0.47
KALYANKJIL	4,813	8,789	0.55	74	68	1.09
KAYNES	30,579	76,350	0.40	-338	-897	0.38
KEI	2,183	3,547	0.62	-56	57	-0.98
KFINTECH	4,260	6,725	0.63	197	-30	-6.57
KOTAKBANK	18,726	21,194	0.88	282	410	0.69
KPITTECH	3,529	6,373	0.55	170	817	0.21
LAURUSLABS	5,211	9,959	0.52	-14	418	-0.03
LICHSGFIN	7,632	10,140	0.75	33	207	0.16
LICI	6,322	12,063	0.52	-166	303	-0.55
LODHA	4,385	10,445	0.42	-225	470	-0.48
LT	18,498	32,201	0.57	-769	-183	4.20
LTF	4,975	7,812	0.64	-51	-269	0.19
LTIM	4,457	5,667	0.79	-10	16	-0.63
LUPIN	5,100	6,794	0.75	-13	233	-0.06
M&M	17,367	32,815	0.53	-58	-864	0.07
MANAPPURAM	3,722	5,380	0.69	-141	-66	2.14
MANKIND	2,402	5,010	0.48	45	530	0.08
MARICO	3,084	5,141	0.60	365	925	0.39
MARUTI	29,751	30,925	0.96	-1,896	-685	2.77
MAXHEALTH	5,061	10,202	0.50	-16	351	-0.05
MAZDOCK	10,199	22,489	0.45	227	1,170	0.19
MCX	15,165	22,923	0.66	514	800	0.64
MFSL	2,445	4,498	0.54	63	410	0.15
MOTHERSON	7,533	9,252	0.81	-62	-126	0.49
MPHASIS	3,491	4,715	0.74	-243	-78	3.12
MUTHOOTFIN	6,395	11,792	0.54	52	-200	-0.26
NATIONALUM	6,740	7,843	0.86	-186	-139	1.34
NAUKRI	5,990	7,080	0.85	99	-42	-2.36
NBCC	3,194	6,986	0.46	-261	336	-0.78
NCC	3,796	9,018	0.42	15	326	0.05
NESTLEIND	4,420	13,871	0.32	278	69	4.03
NHPC	3,209	7,032	0.46	11	247	0.04
NMDC	9,949	13,279	0.75	-466	445	-1.05
NTPC	13,454	22,790	0.59	-1,161	730	-1.59
NUVAMA	2,141	4,192	0.51	43	142	0.30
NYKAA	2,589	6,996	0.37	32	461	0.07
OBEROIRLTY	3,490	5,864	0.60	-94	165	-0.57
OFSS	6,997	9,386	0.75	-818	383	-2.14
OIL	2,483	4,561	0.54	55	230	0.24
ONGC	10,771	26,085	0.41	-781	213	-3.67
PAGEIND	3,357	7,987	0.42	-112	521	-0.21
PATANJALI	3,896	8,733	0.45	41	107	0.38
PAYTM	7,743	12,868	0.60	87	1,024	0.08
PERSISTENT	6,360	10,748	0.59	-254	314	-0.81
PETRONET	8,986	8,741	1.03	356	374	0.95
PFC	20,926	36,811	0.57	335	2,859	0.12
PGEL	7,797	12,136	0.64	-226	207	-1.09
PHOENIXLTD	1,664	3,407	0.49	-146	49	-2.98
PIDILITIND	1,951	2,559	0.76	-39	-72	0.54
PIIND	3,607	5,722	0.63	-32	-233	0.14
PNB	11,561	22,581	0.51	155	947	0.16
PNBHOUSING	7,339	11,992	0.61	-55	4	-13.75
POLICYBZR	5,936	8,601	0.69	926	2,032	0.46
POLYCAB	4,177	6,062	0.69	102	367	0.28
POWERGRID	10,696	17,681	0.60	-172	448	-0.38
POWERINDIA	4,072	10,927	0.37	-130	208	-0.63
PPLPHARMA	2,888	7,229	0.40	126	312	0.40
PRESTIGE	2,786	4,280	0.65	91	413	0.22
RBLBANK	4,787	7,703	0.62	119	331	0.36
RECLTD	21,853	35,096	0.62	166	1,941	0.09
RELIANCE	49,211	97,923	0.50	-945	2,703	-0.35
RVNL	6,407	12,465	0.51	58	647	0.09
SAIL	5,956	10,671	0.56	127	577	0.22
SAMMAANCAP	6,679	12,291	0.54	443	527	0.84
SBICARD	4,912	7,462	0.66	369	732	0.50
SBILIFE	6,337	12,085	0.52	202	395	0.51
SBIN	40,023	67,689	0.59	-253	2,974	-0.09
SHREECEM	2,321	5,857	0.40	385	2,412	0.16
SHRIRAMFIN	12,667	21,200	0.60	140	123	1.14
SIEMENS	8,909	17,895	0.50	-725	106	-6.84
SOLARINDS	3,927	10,582	0.37	83	924	0.09
SONACOMS	2,582	5,571	0.46	-12	-26	0.46
SRF	7,149	9,370	0.76	392	532	0.74
SUNPHARMA	6,535	19,987	0.33	-420	102	-4.16
SUPREMEIND	4,838	7,868	0.61	1,032	161	6.41
SUZLON	10,619	23,622	0.45	287	173	1.66
SYNGENE	1,420	2,807	0.51	-146	2	-73.00
TATACONSUM	5,144	10,145	0.51	281	438	0.64
TATAELXSI	5,469	14,972	0.37	-130	529	-0.25
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,412	26,898	0.72	-86	766	-0.11
TATASTEEL	15,517	26,286	0.59	-853	278	-3.07
TATATECH	4,653	7,550	0.62	49	125	0.39
TCS	37,750	48,934	0.77	-674	864	-0.78
TECHM	7,470	9,563	0.78	64	-14	-4.57
TIINDIA	4,704	7,747	0.61	-29	229	-0.13
TITAGARH	2,642	5,196	0.51	74	184	0.40
TITAN	14,623	21,460	0.68	2,586	825	3.13
TMPV	40,297	88,308	0.46	203	871	0.23
TORNTPHARM	1,145	2,639	0.43	18	179	0.10
TORNTPOWER	2,030	3,174	0.64	-45	384	-0.12
TRENT	26,663	50,022	0.53	142	946	0.15
TVSMOTOR	9,476	9,553	0.99	88	28	3.14
ULTRACEMCO	11,145	18,932	0.59	-364	1,722	-0.21
UNIONBANK	5,574	8,235	0.68	-105	-11	9.55
UNITDSPR	6,540	8,658	0.76	10	83	0.12
UNOMINDA	2,856	5,023	0.57	184	35	5.26
UPL	4,630	6,720	0.69	-201	85	-2.36
VBL	10,147	23,541	0.43	376	775	0.49
VEDL	38,369	41,645	0.92	10,020	7,915	1.27
VOLTAS	6,501	7,177	0.91	-18	-362	0.05
WIPRO	10,826	13,777	0.79	-158	-140	1.13
YESBANK	6,428	13,330	0.48	12	304	0.04
ZYDUSLIFE	3,450	4,923	0.70	157	466	0.34

Understanding PCR & COI Metrics

PCR (Put-Call Ratio)

PCR = Put OI / Call OI

> 1.2

Bullish

More puts than calls, potential support

0.8 - 1.2

Neutral

Balanced market sentiment

< 0.8

Bearish

More calls than puts, potential resistance

COI Strength

COI Strength = (PE COI - CE COI) / (|PE| + |CE|)

> 0.3

Bullish

Strong put buildup dominance

-0.3 to 0.3

Neutral

Balanced intraday activity

< -0.3

Bearish

Strong call buildup dominance

Frequently Asked Questions

PCR is the ratio of total Put Open Interest to Call Open Interest. It's a contrarian indicator of market sentiment:

High PCR (>1.2): More traders are holding puts, expecting a decline. However, this often acts as support (bullish) as market makers hedge by buying the underlying.
Low PCR (<0.8): More traders are holding calls, expecting a rise. This often acts as resistance (bearish) as market makers hedge by selling the underlying.
Neutral PCR (0.8-1.2): Balanced sentiment with no strong directional bias.

Remember: PCR is contrarian - extreme readings often signal reversals rather than continuation.

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change, making it more responsive than total OI PCR.

Key Differences:

Regular PCR: Uses total accumulated Open Interest. Shows overall market positioning but changes slowly.
COI PCR: Uses only today's OI changes. Captures fresh positioning and provides timely intraday signals.

Use Case: COI PCR helps identify intraday sentiment shifts before they reflect in total PCR, making it valuable for day traders and short-term positions.

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|)

This normalized indicator measures the directional bias of intraday Open Interest changes on a scale from -1 to +1:

> 0.3 (Bullish): Put side dominance - fresh put writing or buying suggests bullish positioning.
-0.3 to 0.3 (Neutral): Balanced activity on both sides - no clear directional conviction.
< -0.3 (Bearish): Call side dominance - fresh call writing or buying suggests bearish positioning.

Advantages over PCR:

Normalized scale (-1 to +1) makes comparison across symbols easier
Not affected by extreme ratios when one side is very small
Clearly shows which side has stronger intraday momentum

PCR data updates based on the selected interval:

1 Minute Interval: Updates every minute during market hours, providing real-time intraday tracking.
1 Day Interval: Shows end-of-day PCR values for historical analysis and trend identification.

Note: OI data comes from the exchange and may have a slight delay. Premium users get access to faster refresh rates and more granular intervals.

Negative PCR occurs when Call OI Change is negative (unwinding) while Put OI Change is also negative, or vice versa.

Common Scenarios:

PE > 0, CE < 0: Puts building, Calls unwinding → Strong bullish signal
PE < 0, CE > 0: Puts unwinding, Calls building → Strong bearish signal
Both negative: Both sides unwinding → Low conviction, neutral to ranging market

Tip: When PCR becomes negative or very large, use COI Strength instead - it handles these edge cases better and provides clearer directional signals.

Best Practices for Combining PCR with Price:

Divergence Trading: If price is falling but COI PCR shows put buildup (>1.2), it may signal a bounce. If price is rising but COI PCR shows call buildup (<0.8), it may signal resistance.
Confirmation: Use PCR to confirm price trends. Rising prices with increasing calls or falling prices with increasing puts suggests trend continuation.
Extremes: Very high COI Strength (>0.6 or <-0.6) combined with price at support/resistance can signal strong reversals.
Intraday Pivots: Watch for sudden COI Strength shifts (e.g., from +0.5 to -0.3) as they often precede intraday trend changes.

Remember: PCR is a sentiment indicator, not a timing tool. Always combine with technical analysis, support/resistance levels, and risk management.

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