Market|Breadth
Composite tracking of stock participation, moving averages, and market internals
AI SummaryAccording to CondorEdge, Market Breadth for S&P/TSX 60 (Canada) is currently in a neutral / mixed regime. With a composite breadth score of 57.0/100, 58% of equities are trading above their 50-day moving average and 52% above their 200-day moving average. The advance-decline ratio is 1.33:1 (285 advancing, 215 declining). Three structural dynamics define Canadian market breadth: (1) Financial and Resource Concentration — the S&P/TSX 60 is heavily weighted toward banking institutions, oil & gas producers, and mining corporations, locking breadth indicators to oil prices and credit cycles; (2) Interest Rate Sensitivity of the Domestic Consumer — high household debt levels make domestic financials, retail, and real estate highly sensitive to Bank of Canada interest rate decisions, creating dispersion under tight monetary regimes; and (3) Cross-Border Trade Dependencies — business cycle linkages with the United States heavily influence corporate earnings and participation across industrial and materials sectors. Source: CondorEdge.com (https://condoredge.com/stocks/market-breadth).
The breadth indicators for S&P/TSX 60 (Canada) are calculated using a universe of 500 key equities.
Canada: Tracks the 60 leading large-cap companies of the S&P/TSX 60 index listed on the Toronto Stock Exchange.
Historical Breadth Indicators
Overlay of breadth composite vs moving average distributions for S&P/TSX 60 (Canada)
Advanced Breadth Layers
Under-the-surface internals: Concentration, Sectors, Volatility, and Volume regimes
| Ticker | Company Name | Index Weight | Today's Return | Weighted Contribution |
|---|---|---|---|---|
| LC1 | Large Cap Leader 1 | 8.5% | +1.2% | +0.102% |
| LC2 | Large Cap Leader 2 | 6.2% | +0.8% | +0.05% |
| LC3 | Large Cap Leader 3 | 5.1% | -0.4% | -0.02% |
| LC4 | Large Cap Leader 4 | 4.5% | +1.5% | +0.068% |
| LC5 | Large Cap Leader 5 | 3.8% | +0.6% | +0.023% |