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Market breadth

Why the share of assets in uptrends says more than one index.

Breadth measures how many assets are participating in a move. An index can reach new highs while most of its members are falling, which is a narrow and fragile advance. A healthy rally includes many assets.

The Market Pulse gauge is the average score of everything we track in a class. A score above 60 means most assets have healthy structure, trend and momentum together. Below 30 means most are in trouble.

The home page also counts how many assets trade above their 50-day average and how many have a bullish rule on. Rising breadth with a rising price is the strongest combination. Falling breadth with a rising price is a warning.

Frequently asked questions

What is a good market score?

60 or higher is Strong, 30 to 59 Neutral and under 30 Weak. Direction matters too, so check the 7-day change.

Is the market score a forecast?

No. It describes current conditions based on past prices.

Scoring the markets…