S&P 500 and Percent of S&P 500 Members Above Their 200-Day Moving Average The expansion of market breadth in the U.S. stock market indicates a broader participation of stocks in the market movement, suggesting potential for further upside. Image: Morgan Stanley Research
Nasdaq Composite Index vs. Nasdaq Composite Cumulative Advance/Decline The Nasdaq Composite’s breadth is not great. Image: Morgan Stanley Research
S&P 500 and Percent of World Markets Above their 50-Day Moving Average Historically, oversold conditions in a breadth thrust regime tend to be bullish for U.S. stocks. Image: All Star Charts
NYSE Stocks Advance-Decline Line Market breadth has declined sharply throughout 2022. Image: BofA Global Research
NYSE Stocks Advance-Decline Line The NYSE stocks advance-decline line did not sustain a bullish breakout in late 2021, which suggests weaker breadth. Image: BofA Global Research
% of NYSE Stocks Trading Above Their 200-Day Moving Average Based on the percentage of NYSE stocks above their 200-day moving average, market breadth has weakened. Should investors be worried? Image: BCA Research
NASDAQ 100 Index and Percent of Stocks Trading Above 50-Day Moving Average The NASDAQ breadth has not matched the rise in the index. Is it time to reduce exposure to tech stocks? Image: Morgan Stanley Wealth Management
S&P 500 and % of Stocks Above 50-Day Moving Averages Based on the percentage of stocks above 50-day moving averages, market breadth has weakened. Should investors be worried? Image: BofA Global Research
% of Stocks Above 50-Day Moving Average When S&P 500 At Record Narrow breadth in S&P 500 could suggest below average market returns. Image: Bloomberg
Russell 2000 Index – Members Above 200-Day Moving Average Are investors too optimistic, as small-cap breadth is reaching overbought levels? Image: Morgan Stanley Wealth Management
S&P 500 – 2020 vs. 2009 This chart suggests that the S&P 500 is following the 2009 pattern and market breadth. Image: Morgan Stanley Research