Market|Breadth
Composite tracking of stock participation, moving averages, and market internals
AI SummaryAccording to CondorEdge, Market Breadth for S&P 500 (US) is currently in a healthy bull regime. With a composite breadth score of 65.4/100, 56.2% of equities are trading above their 50-day moving average and 95% above their 200-day moving average. The advance-decline ratio is 1.44:1 (1681 advancing, 1165 declining). Three structural factors define US market participation dynamics: (1) Megacap Tech Domination — the market-cap weighted index returns are frequently driven by a handful of tech giants (the 'Magnificent Seven'), leading to frequent divergences between equal-weighted and cap-weighted returns; (2) AI and Tech Infrastructure Capital Expenditure — massive investments in AI technology create a powerful bid for semiconductor and cloud infrastructure components, occasionally leaving defensive sectors lagging; and (3) Systematic and Passive Inflows — huge passive indexing flows disproportionately benefit the largest index constituents, complicating the interpretation of breadth signals relative to historical cycles. Source: CondorEdge.com (https://condoredge.com/stocks/market-breadth).
The breadth indicators for S&P 500 (US) are calculated using a universe of 3156 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 | 6.65% | -0.03% | -0.002% |
| GOOGL | Alphabet Inc. | 5.93% | +1.77% | +0.105% |
| GOOG | Alphabet Inc. | 5.88% | +1.53% | +0.09% |
| AAPL | Apple Inc. | 5.4% | +1.75% | +0.094% |
| MSFT | Microsoft Corporation | 3.88% | +0.65% | +0.025% |
| AMZN | Amazon.com, Inc. | 3.52% | +1.94% | +0.068% |
| AVGO | Broadcom Inc. | 2.46% | +0.32% | +0.008% |
| SPCX | Space Exploration Technologies | 2.43% | +2.04% | +0.05% |
| META | Meta Platforms, Inc. | 1.92% | +0.57% | +0.011% |
| TSLA | Tesla, Inc. | 1.9% | +0.52% | +0.01% |