Key takeaways · 6
- An episodic pivot (Pradeep Bonde's term, from Stockbee) is a gap-up or sharp intraday reprice on a fundamental catalyst (earnings, guidance, news) that breaks a stock out of a quiet base. The terminal command
setups epscans the universe for live ones and ranks them. setups epscores each pivot 0-to-100 on the size of the move, the volume behind it, and the quality of the base, then tags a readiness state: early (just fired), near (approaching the actionable line), or ready (sitting at it).- EP RVOL is the tell: the event day's volume as a multiple of normal. A pivot on 11.8x, like BFLY, is institutions repricing the stock in a hurry; a 1.5x pivot is a shrug. The column runs to extremes, with CLRO firing on 6688.9x.
- EP KIND separates a clean overnight gap_up from an intraday_reprice, and PROX% shows how far price sits below or above the event high now, so you can tell a fresh gap from one that has pulled back to its line.
- The score fields are also filters.
setups ep eprvol>5keeps only the high-volume pivots andsetups ep epkind gap_upkeeps only the clean gaps; space-separated predicates stack, so you can combine them. - The scan is a ranked list of facts about catalysts, computed end-of-day. It reports who pivoted and how forcefully, not what to buy. One extreme reading on an illiquid micro-cap is noise, not a signal.
What an episodic pivot actually is
To scan for stocks that just pivoted on a catalyst, filter the universe to names showing a gap or a sharp intraday reprice out of a quiet base, then rank them by how forceful the move was and how close price sits to the event high. In the tickerstance terminal that is one command, setups ep, and on the 2026-07-08 close it returned 388 live episodic pivots, sorted best first. The trap to avoid is mistaking a volume spike for a green light, and the columns are built to keep you from it.
An episodic pivot is a specific event, not a chart pattern you squint at. Pradeep Bonde, who trades and writes as Stockbee, gave it the name: a stock that has been going nowhere suddenly gaps up or reprices hard intraday on a fundamental catalyst: an earnings surprise, raised guidance, a contract, an FDA decision, a takeover rumor. The catalyst is the point. Something changed in the business, the market has to reprice the shares to account for it, and that repricing happens in a single violent session rather than a slow drift.
The lineage is older than the name. O'Neil's studies of the biggest winners kept surfacing an earnings or news catalyst at the base of the launch, and Minervini calls his version a power play. What Bonde added was the discipline of treating the event day itself as the signal: the gap, the volume, and the base it broke out of, read together, tell you whether real money is repricing the stock or whether it is a one-day headline that fades by Thursday.
The problem for a self-directed trader is finding them while they are still fresh. Catalysts land every morning across thousands of names, buried in a wall of earnings releases and press wires. By the time an episodic pivot is obvious on a chart, the easy part of the move is often gone. The scanner exists to surface the live ones the evening they fire, ranked, so you are reading a short list instead of the whole tape.
An episodic pivot: a fundamental catalyst gaps a stock out of a quiet base on a burst of volume. setups ep ranks the live ones by how forceful the move was.
Turning a pivot into numbers
The scanner turns "did this stock pivot" into numbers you can sort. The headline is SCORE, a 0-to-100 composite that folds the size of the move, the volume behind it, and the quality of the base it came out of into a single rank. A score near 100 is a textbook pivot: a big, high-volume break out of a genuinely quiet base. On the recent close, BFLY and HQ both sit at 100, with AKTX and QTTB just behind at 99.
READINESS is the second dimension, and it answers where in its move a pivot is now. A pivot can be worth watching the day it fires or several sessions later as it settles. The scanner tags each one early, near, or ready: early means it just fired and price is still extended from the event, near means it has pulled back toward the actionable line and is approaching it, ready means price is sitting right at that line now. The three states separate a pivot you are noting for later from one that has come back to a spot where the setup is live.
EP RVOL is the giveaway, and the column most worth staring at. It is the event day's volume as a multiple of the stock's normal volume, and it measures how forcefully the shares were repriced. A pivot on 1.5x volume is a shrug; a pivot on 11.8x, like BFLY, is institutions repricing the stock in a hurry. The board runs to extremes: CGTL fired on 146.6x, NVVE on 1365.3x, and CLRO shows 6688.9x, a near-dormant stock that traded a year of volume in a day. High EP RVOL is the fingerprint of a crowd being forced to act.
Two more columns place the event in space. EP KIND separates a clean overnight gap_up from an intraday_reprice, a move that started mid-session rather than at the open; the gap and the reprice are the same repricing arriving at different times. EVENT_HIGH is the high the stock printed on the event day, and PROX% is how far below or above that high price sits now, so you can see whether the stock is still extended, has pulled back, or has reclaimed the level. RISK% is the distance to the reference the setup uses to mark a failed pivot, and BASE% is how deep into the prior base the break came from.
The 388-name board
Type setups ep and the terminal filters the whole universe to live episodic pivots and ranks them by score, best first. On the 2026-07-08 close it returned 388 of them, which tells you something on its own: even in a Neutral tape, catalysts are always firing somewhere, and the job is triage, not hunting.
Read the top of the board across the columns. BFLY leads at score 100: an early gap_up dated 2026-06-18, on 11.8x event-day volume, in Healthcare. HQ matches it at 100 but reads differently, a ready intraday_reprice on a heavy 28.0x. AKTX sits at 99, an early gap_up back on 2026-05-22 that fired on 204.8x. QTTB, also 99, is a ready gap_up. Further down, CGTL holds 98 on 146.6x, CLRO 95 as a ready gap_up on that 6688.9x surge, and NVVE 95 as an early pivot on 1365.3x. Same event, different fingerprints: the readiness tag and EP KIND tell you which just fired and which has come back to its line.
The value of the single screen is the comparison. You are not looking up one ticker's earnings reaction; you are seeing every live pivot in the market side by side, ranked, with the volume behind each one and how far it has traveled from the event high. That is the difference between reading a newswire and reading the tape.
setups ep on the 2026-07-08 close. 388 live episodic pivots ranked by composite score. BFLY tops the board at 100, an early gap-up on 11.8x event-day volume; HQ matches it at 100 as a ready intraday reprice on 28.0x.Filtering to fresh, forceful gaps
A 388-name board is a starting point, not an answer, and the same fields the scanner scores on are filters you can type. The most useful one narrows by EP RVOL. setups ep eprvol>5 keeps only the pivots that fired on more than five times normal volume, which strips out the low-conviction moves and leaves the ones where the crowd was genuinely forced to reprice. On the recent board that keeps BFLY at 11.8x, HQ at 28.0x, AKTX at 204.8x and the rest of the heavy-volume names, and drops the quiet 1-to-2x pivots that are easy to overrate.
You can filter EP KIND the same way. setups ep epkind gap_up keeps only the clean overnight gaps and sets aside the intraday repricings, which behave a little differently because the move built during the session instead of arriving before the open. Space-separated predicates stack automatically, so setups ep eprvol>5 epkind gap_up reads as fresh, high-volume overnight gaps only, a much shorter list than the full 388.
This is the funnel: start with every live pivot, then tighten the definition of a pivot until the board matches what you actually care to look at. The scanner never decides that for you. It gives you the fields, and the thresholds are yours to set.
A high score is not a green light
Every row is end-of-day, computed from the close and stamped with it, and EP RVOL is the event day's full-session volume, not a live intraday count. A pivot you read after Wednesday's close describes what already happened; it says nothing about where the stock opens Thursday.
A high score is a measurement of an event, not a verdict on the stock. The composite ranks how forceful and how clean the pivot was, and nothing more. Some of the most extreme EP RVOL readings sit on tiny, illiquid names where a single block trade dwarfs a dormant average: CLRO's 6688.9x is a real number and also a reminder that a giant multiple on a micro-cap is not the same signal as a heavy pivot in a liquid leader. Read EP RVOL next to the sector, the base, and the readiness state, not on its own.
And the scanner reports conditions; it does not tell you what to do about them. "BFLY gapped up on 11.8x volume out of a quiet base and is still extended" is a fact about the tape. Whether that matters for your book depends on your strategy, your timeframe, and your risk, and the terminal leaves that entirely to you. The RISK% and PROX% columns describe geometry, not permission: they tell you where price sits relative to the event, not whether to act. This is a scan of who pivoted and how forcefully, not a buy list.
Where the scanner lives
The episodic-pivot scanner, its filters, and the rest of the setups library are all in the tickerstance terminal, where a typed command puts a question to the tape. The interactive terminal is a Pro feature at $28 a month, grandfathered, and everything it computes is end-of-day and point-in-time honest, with no "here is the trade" attached. It reports where the pivots are and how forceful each one was; the decision is yours.
Open the terminal and type setups ep to see tonight's live pivots, then narrow with setups ep eprvol>5 to the ones that fired on real volume. The catalysts land every morning. The scanner is how you read an evening's worth of them in one screen instead of one ticker at a time.
Frequently asked questions
What is an episodic pivot?
An episodic pivot is a stock that gaps up or reprices sharply intraday on a fundamental catalyst (an earnings surprise, raised guidance, a contract, an FDA decision, a takeover rumor) and breaks out of a quiet base in the process. The term comes from Pradeep Bonde, who trades and writes as Stockbee. The catalyst is what defines it: the market repricing a business in one violent session rather than a slow drift.
How do I scan for episodic pivots?
In the tickerstance terminal, setups ep scans the whole universe for live episodic pivots and ranks them by a 0-to-100 composite score, best first. On the 2026-07-08 close it returned 388 of them. Each row shows the readiness state, the event date, the EP kind (gap up or intraday reprice), the EP RVOL, the base depth, and the sector, so you can triage the whole set in one screen.
Why does volume matter in an episodic pivot?
Volume is the evidence that the move is a real repricing and not a headline. EP RVOL is the event day's volume as a multiple of the stock's normal volume, and a high reading means the crowd was forced to act: BFLY fired on 11.8x, HQ on 28.0x, AKTX on 204.8x. Low relative volume on a gap suggests thin conviction. setups ep eprvol>5 filters the board down to the pivots that fired on real volume.
What is the difference between a gap up and an intraday reprice?
They are the same repricing arriving at different times. A gap_up is a clean overnight move: the stock opens well above the prior close on the catalyst. An intraday_reprice starts mid-session, when the move builds during the day rather than at the open. The EP KIND column tags each one, and setups ep epkind gap_up keeps only the overnight gaps if you want to set the intraday repricings aside.
What do early, near, and ready mean in the episodic pivot scanner?
They are the readiness states, and they describe where price sits relative to the event now. Early means the pivot just fired and price is still extended from it. Near means the stock has pulled back toward the actionable line and is approaching it. Ready means price is sitting right at that line. The PROX% column, the distance below or above the event high, is the number the readiness tag is derived from.
How do I filter for only fresh, high-volume pivots?
Type setups ep eprvol>5 to keep only pivots that fired on more than five times normal volume, which drops the quiet 1-to-2x moves that are easy to overrate. You can stack more conditions: setups ep eprvol>5 epkind gap_up reads as fresh, high-volume overnight gaps only. Space-separated predicates combine automatically, so each field you add narrows the board further.
Is the episodic pivot scan real-time, and is it a buy list?
It is neither. The tickerstance terminal is end-of-day: every row, including EP RVOL, is computed from the close and stamped with it, so a pivot you read tonight describes a session that already happened. And the scan is a ranked list of facts about catalysts, not a recommendation. It reports who pivoted and how forcefully; what you do with that is your call.