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 58.7/100, 54.5% of equities are trading above their 50-day moving average and 95% above their 200-day moving average. The advance-decline ratio is 0.84:1 (26 advancing, 31 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 60 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 |
|---|---|---|---|---|
| RY.TO | ROYAL BANK OF CANADA | 8.54% | -1.49% | -0.127% |
| SHOP.TO | SHOPIFY INC | 7.11% | -5.7% | -0.406% |
| TD.TO | TORONTO-DOMINION BANK | 5.97% | -2.3% | -0.137% |
| BMO.TO | BANK OF MONTREAL | 3.59% | -2.87% | -0.103% |
| BNS.TO | BANK OF NOVA SCOTIA | 3.42% | -1.79% | -0.061% |
| CNQ.TO | CDN NATURAL RES | 3.4% | +1.78% | +0.061% |
| ENB.TO | ENBRIDGE INC | 3.3% | +0.3% | +0.01% |
| CM.TO | CANADIAN IMPERIAL BANK OF COMME | 3.14% | -1.97% | -0.062% |
| AEM.TO | AGNICO EAGLE MINES LIMITED | 2.98% | -6.01% | -0.179% |
| SU.TO | SUNCOR ENERGY INC. | 2.71% | +2.26% | +0.061% |