Market Internals
SPY Breadth & Participation
Breadth measures how many constituents actually back the fund's move. When SPY climbs but participation narrows, the rally is fragile. These oscillators are computed across the current SPY cohort — equal-weight reveals broad participation, ETF-weight reveals whether the largest constituents are doing the lifting.
Above 20d SMA27.6%short-term
Above 50d SMA24.1%medium-term
Above 200d SMA42.1%long-term trend
% Overbought2.2%RSI > 70
% Oversold12.7%RSI < 30
Breadth is calculated over the current SPY membership snapshot. Older readings carry survivorship bias (removed names are excluded) until point-in-time holdings are stored daily.
Distance From Moving Average
Each tile is a holding (size = weight), colored by how far its close sits above/below the SMA 200. 42.3% of the fund is above it.
Loading % above moving averages…
Loading advance/decline & internals…