Market|Breadth
Composite tracking of stock participation, moving averages, and market internals
Methodology
A composite measure of underlying stock participation in market moves. The breadth score (0-100) is calculated as a weighted average of three key components: Advance/Decline Score (30% weight, based on active index constituents), Short-Term Trend Breadth (40% weight, estimated % of stocks above 50-day MA), and Long-Term Health Breadth (30% weight, estimated % of stocks above 200-day MA).
- Advance/Decline Ratio (Daily Internals): Counts the ratio of rising to falling stocks in the country's database universe to measure immediate buying/selling pressure.
- 50-Day Moving Average Breadth (Short-Term): Estimated via the benchmark index ETF's proximity spread from its 50-day moving average (linear interpolation approximation). Shows short-term trend expansion.
- 200-Day Moving Average Breadth (Long-Term): Estimated via the benchmark index ETF's proximity spread from its 200-day moving average (linear interpolation approximation). Confirms macro regime health.
Market Relevance
Why it matters: Strong breadth confirms healthy uptrends. Diverging breadth (where the benchmark index rises but the number of participating stocks or A/D ratio shrinks) warns of internal weakness and a potential reversal.
AI SummaryAccording to CondorEdge.com, Market Breadth for S&P 500 (US) is currently in a healthy bull regime. With a composite breadth score of 80.1/100, 95% of equities are trading above their 50-day moving average and 95% above their 200-day moving average. The advance-decline ratio is 1.36:1 (2208 advancing, 1623 declining). Source: CondorEdge.com (https://condoredge.com/stocks/market-breadth).
The breadth indicators for S&P 500 (US) are calculated using a universe of 4145 key equities.
United States: Combines the primary constituents of S&P 500, Nasdaq 100, Dow Jones 30, and Russell 2000 (US large-cap and broad market coverage).
Historical Breadth Indicators
Overlay of breadth composite vs moving average distributions for S&P 500 (US)
Advanced Breadth Layers
Under-the-surface internals: Concentration, Sectors, Volatility, and Volume regimes
| Ticker | Company Name | Index Weight | Today's Return | Weighted Contribution |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 6.26% | +0.78% | +0.049% |
| GOOGL | Alphabet Inc. | 5.28% | +0.33% | +0.018% |
| GOOG | Alphabet Inc. | 5.24% | +0.34% | +0.018% |
| AAPL | Apple Inc. | 5.07% | +0.53% | +0.027% |
| MSFT | Microsoft Corporation | 3.96% | +3.47% | +0.137% |
| AMZN | Amazon.com, Inc. | 3.46% | +0.79% | +0.027% |
| AVGO | Broadcom Inc. | 2.44% | +1.12% | +0.027% |
| META | Meta Platforms, Inc. | 2.2% | +0% | +0% |
| TSLA | Tesla, Inc. | 1.9% | +0.4% | +0.008% |
| BRK.B | Berkshire Hathaway Inc. New | 1.32% | -0.52% | -0.007% |