Sector and Index Sentiment Update 5/12/25

Sentiment Spread Moves Higher

Summary

Bitcoin DSI score has climbed 82%, this is an elevated level, but it has gotten higher in the past - reaching 85% last year and 89% in March ‘23. Below I highlight the continued improvement in one sector’s individual stock sentiment as well as one sector that had seven bullish momentum divergences register last week.

---

Sector Sentiment Spread

The Spread moved higher last week as Defensive Sentiment continued to move lower. There was a small uptick in Offense Sector Sentiment but the primary driver of the advance in the Spread was the move down in Defense Sector Sentiment.

---