Market|Breadth
Composite tracking of stock participation, moving averages, and market internals
AI SummaryAccording to CondorEdge, Market Breadth for Nikkei 225 (Japan) is currently in a healthy bull regime. With a composite breadth score of 68.2/100, 81.3% of equities are trading above their 50-day moving average and 95% above their 200-day moving average. The advance-decline ratio is 0.71:1 (90 advancing, 126 declining). Three structural factors shape Japanese market participation: (1) Corporate Governance and Capital Efficiency Reforms — Tokyo Stock Exchange initiatives demanding return-on-equity (ROE) optimization and share buybacks have triggered broad-based institutional buying across historically neglected value sectors; (2) Bank of Japan Monetary Policy Shifts — the slow transition away from yield curve control and negative interest rates creates a split in participation, favoring financials while pressuring highly leveraged growth segments; and (3) Yen Volatility and Export Dynamics — dramatic swings in the Yen affect export-oriented manufacturers and foreign investor inflows, causing broad swings in market participation. Source: CondorEdge.com (https://condoredge.com/stocks/market-breadth).
The breadth indicators for Nikkei 225 (Japan) are calculated using a universe of 223 key equities.
Japan: Tracks the core constituents of the Nikkei 225 index listed on the Tokyo Stock Exchange.
Historical Breadth Indicators
Overlay of breadth composite vs moving average distributions for Nikkei 225 (Japan)
Advanced Breadth Layers
Under-the-surface internals: Concentration, Sectors, Volatility, and Volume regimes
| Ticker | Company Name | Index Weight | Today's Return | Weighted Contribution |
|---|---|---|---|---|
| 6702.T | Fujitsu Ltd. | 0.45% | -1.33% | -0.006% |
| 7751.T | Canon Inc. | 0.45% | +0.84% | +0.004% |
| 7267.T | Honda Motor Co., Ltd. | 0.45% | -0.43% | -0.002% |
| 6954.T | FANUC Corp. | 0.45% | +4.45% | +0.02% |
| 6758.T | Sony Corp. | 0.45% | -1.47% | -0.007% |
| 4502.T | Takeda Pharmaceutical Company Limited | 0.45% | -0.72% | -0.003% |
| 8035.T | Tokyo Electron Ltd. | 0.45% | +2.65% | +0.012% |
| 6902.T | Denso Corp. | 0.45% | +0.29% | +0.001% |
| 9433.T | KDDI Corp. | 0.45% | -0.52% | -0.002% |
| 6981.T | Murata Manufacturing Co., Ltd. | 0.45% | +4.06% | +0.018% |