Breadth Update 5/28/2025

Global Breadth Remains Strong While Indiv. Stock Breadth Sits Under Key Level

There continues to have more green in the Bullish section than the Bearish section of the Breadth Table but the readings are still fairly low with single digit readings of new highs across asset sizes and just barely 50% of stocks above their long-term 200-day MA. This week’s Breadth note looks at Industry breadth as well as the level of 6-month highs I’m watching and Global Breadth.

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Breadth Thrust Composite

A collection of multiple breadth thrust indicators based on different indices that incorporate price and volume to mark when extremely strong buying activity is taking place by the movement of individual stocks. When multiple of these thrusts occur in a short period of time, the reaction in the S&P 500 has historically been positive going forward.

Breadth Thrust Composite has rolled back to zero with the latest set of thrusts falling out of the lookback period of the Composite.