What is market breadth?

Market breadth measures how broadly a rally or decline participates across the US equity universe. TickerStance combines the McClellan Oscillator, the percentage of stocks above their 50- and 200-day moving averages, Stockbee 4% movers (stocks moving more than 4% on volume), and distribution-day counts to compute the Breadth subscore. Healthy markets show broad participation across sectors; narrowing breadth typically precedes major regime changes, even when index prices look fine on the surface.

What is a Follow-Through Day?

A Follow-Through Day (FTD) is a William O'Neil concept used to confirm an emerging uptrend after a market correction. On day four or later of a rally attempt, a major index must close up at least 1.7% on volume higher than the prior session. TickerStance tracks confirmed FTDs as a Breadth signal and flags them in the regime narrative. Not every FTD leads to a sustained rally, but most sustained rallies begin with one.

Free

Stance · Breadth

50.6

Neutral-7.6 vs prev

The question

“Is the rally broad-based or narrow?”

Mixed tape. The index masks how narrow the action is.

Trader’s playbook NEUTRAL

01Stick to top-quartile RS only — the average stock isn’t going up.
02Skip basket trades. Pick the strongest one, skip the rest.
03Distribution days matter more than gains here. Count them.

Diagnosis

Breadth is 51, down 7.6 points. Is the rally broad-based or narrow?

Raw-blend contribution

15.2 pts

30% weight

As of

2026-08-24

latest close

Breadth counts how many stocks take part in a move, not just where the index closed. A rally most stocks join rests on firmer ground than one carried by a few megacaps. The signals below each count participation in a different way: percent of stocks above their moving averages, the McClellan oscillator, the daily crop of 4% movers. New to these terms? The advance/decline line essay starts from zero.

The arc

Breadth over time — read the regime

Range

Time travel

What moved this pillar

6 signals moved · sorted by magnitude

Up vs down volume ratio5% of breadth.up_down_volume_ratio
-4.09pts
Advance/decline ratio5% of breadth.ad_ratio
-2.02pts
Net new 52w highs − lows10% of breadth.new_highs_lows
-0.74pts
% stocks above 50d MA20% of breadth.pct_above_50d
-0.34pts
McClellan Oscillator10% of breadth.mcclellan
-0.33pts
% stocks above 200d MA20% of breadth.pct_above_200d
-0.06pts
Distribution days (25 sess.)15% of breadth.distribution_days
+0.00pts
Follow-through day (25d)15% of breadth.follow_through_day
+0.00pts

The receipts

Every signal feeding the score

Tap a row to open the deep dive — raw value, normalized score, and a chart of how the model reads it.

Regime moves

Threshold crosses and biggest single-day shifts. Click to replay the page on that day.

2026-08-14
Breadth crossed below 60
Breadth moved from 61.5 to 58.3.
Replay →
2026-08-13
Breadth crossed above 60
Breadth moved from 56 to 61.5.
Replay →
2026-08-05
Breadth crossed below 60
Breadth moved from 61.1 to 52.7.
Replay →
2026-08-04
Breadth crossed above 60
Breadth moved from 57.2 to 61.1.
Replay →
2026-07-24
Breadth crossed above 40
Breadth moved from 36 to 45.6.
Replay →
2026-07-23
Breadth crossed below 40
Breadth moved from 41.9 to 36.
Replay →
2026-07-09
Breadth crossed above 40
Breadth moved from 38.2 to 50.2.
Replay →
2026-07-08
Breadth crossed below 40
Breadth moved from 47.5 to 38.2.
Replay →

Raw-blend contribution

Headline raw blend 15.2pts

1D change -2.27

20D avg 15.85

Raw blend vs Stance Diverging — this component is pulling against the broader Stance.

Stage distribution history

How the cycle has shifted over 90 days

Frequently asked

What is market breadth?: Market breadth measures how broadly a rally or decline participates across the US equity universe. TickerStance combines the McClellan Oscillator, the percentage of stocks above their 50- and 200-day moving averages, Stockbee 4% movers (stocks moving more than 4% on volume), and distribution-day counts to compute the Breadth subscore. Healthy markets show broad participation across sectors; narrowing breadth typically precedes major regime changes, even when index prices look fine on the surface.
What is a Follow-Through Day?: A Follow-Through Day (FTD) is a William O'Neil concept used to confirm an emerging uptrend after a market correction. On day four or later of a rally attempt, a major index must close up at least 1.7% on volume higher than the prior session. TickerStance tracks confirmed FTDs as a Breadth signal and flags them in the regime narrative. Not every FTD leads to a sustained rally, but most sustained rallies begin with one.; Read the full Follow-Through Day primer →

Stage 1 · Basing stage distribution history
Stage	Apr 16	Apr 17	Apr 20	Apr 21	Apr 22	Apr 23	Apr 24	Apr 27	Apr 28	Apr 29	Apr 30	May 1	May 4	May 5	May 6	May 7	May 8	May 11	May 12	May 13	May 14	May 15	May 18	May 19	May 20	May 21	May 22	May 26	May 27	May 28	May 29	Jun 1	Jun 2	Jun 3	Jun 4	Jun 5	Jun 8	Jun 9	Jun 10	Jun 11	Jun 12	Jun 15	Jun 16	Jun 17	Jun 18	Jun 22	Jun 23	Jun 24	Jun 25	Jun 26	Jun 29	Jun 30	Jul 1	Jul 2	Jul 6	Jul 7	Jul 8	Jul 9	Jul 10	Jul 13	Jul 14	Jul 15	Jul 16	Jul 17	Jul 20	Jul 21	Jul 22	Jul 23	Jul 24	Jul 27	Jul 28	Jul 29	Jul 30	Jul 31	Aug 3	Aug 4	Aug 5	Aug 6	Aug 7	Aug 10	Aug 11	Aug 12	Aug 13	Aug 14	Aug 17	Aug 18	Aug 19	Aug 20	Aug 21	Aug 24
1	Stage 1 · Basing on 2026-04-16: 11.6%	Stage 1 · Basing on 2026-04-17: 11.8%	Stage 1 · Basing on 2026-04-20: 11.9%	Stage 1 · Basing on 2026-04-21: 11.8%	Stage 1 · Basing on 2026-04-22: 11.8%	Stage 1 · Basing on 2026-04-23: 11.8%	Stage 1 · Basing on 2026-04-24: 11.9%	Stage 1 · Basing on 2026-04-27: 12.3%	Stage 1 · Basing on 2026-04-28: 12.2%	Stage 1 · Basing on 2026-04-29: 12.2%	Stage 1 · Basing on 2026-04-30: 12.3%	Stage 1 · Basing on 2026-05-01: 12.3%	Stage 1 · Basing on 2026-05-04: 12.7%	Stage 1 · Basing on 2026-05-05: 12.9%	Stage 1 · Basing on 2026-05-06: 12.9%	Stage 1 · Basing on 2026-05-07: 12.9%	Stage 1 · Basing on 2026-05-08: 13%	Stage 1 · Basing on 2026-05-11: 13.2%	Stage 1 · Basing on 2026-05-12: 13.1%	Stage 1 · Basing on 2026-05-13: 13.1%	Stage 1 · Basing on 2026-05-14: 13.1%	Stage 1 · Basing on 2026-05-15: 13.1%	Stage 1 · Basing on 2026-05-18: 13.6%	Stage 1 · Basing on 2026-05-19: 13.7%	Stage 1 · Basing on 2026-05-20: 13.9%	Stage 1 · Basing on 2026-05-21: 13.9%	Stage 1 · Basing on 2026-05-22: 13.9%	Stage 1 · Basing on 2026-05-26: 14.3%	Stage 1 · Basing on 2026-05-27: 14.4%	Stage 1 · Basing on 2026-05-28: 14.5%	Stage 1 · Basing on 2026-05-29: 14.5%	Stage 1 · Basing on 2026-06-01: 14.7%	Stage 1 · Basing on 2026-06-02: 14.8%	Stage 1 · Basing on 2026-06-03: 14.7%	Stage 1 · Basing on 2026-06-04: 14.8%	Stage 1 · Basing on 2026-06-05: 14.8%	Stage 1 · Basing on 2026-06-08: 14.4%	Stage 1 · Basing on 2026-06-09: 14.5%	Stage 1 · Basing on 2026-06-10: 14.4%	Stage 1 · Basing on 2026-06-11: 14.6%	Stage 1 · Basing on 2026-06-12: 14.7%	Stage 1 · Basing on 2026-06-15: 15.1%	Stage 1 · Basing on 2026-06-16: 15.2%	Stage 1 · Basing on 2026-06-17: 15.2%	Stage 1 · Basing on 2026-06-18: 15.2%

Stage 2 · Uptrend stage distribution history
	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37	38	39	40	41	42	43	44	45	46	47	48	49	50	51	52	53	54	55	56	57	58	59	60	61	62	63	64	65	66	67	68	69	70	71	72	73	74	75

Stage 3 · Topping stage distribution history
	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37	38	39	40	41	42	43	44	45	46	47	48	49	50	51	52	53	54	55	56	57	58	59	60	61	62	63	64	65	66	67	68	69	70	71	72	73	74	75

Stage 4 · Decline stage distribution history
	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20	21	22	23	24	25	26	27	28	29	30	31	32	33	34	35	36	37	38	39	40	41	42	43	44	45	46	47	48	49	50	51	52	53	54	55	56	57	58	59	60	61	62	63	64	65	66	67	68	69	70	71	72	73	74	75

1	Stage 2 · Uptrend on 2026-04-16: 32.8%	Stage 2 · Uptrend on 2026-04-17: 32.9%	Stage 2 · Uptrend on 2026-04-20: 33.5%	Stage 2 · Uptrend on 2026-04-21: 33.4%	Stage 2 · Uptrend on 2026-04-22: 33.4%	Stage 2 · Uptrend on 2026-04-23: 33.4%	Stage 2 · Uptrend on 2026-04-24: 33.4%	Stage 2 · Uptrend on 2026-04-27: 33.6%	Stage 2 · Uptrend on 2026-04-28: 33.7%	Stage 2 · Uptrend on 2026-04-29: 33.6%	Stage 2 · Uptrend on 2026-04-30: 33.4%	Stage 2 · Uptrend on 2026-05-01: 33.6%	Stage 2 · Uptrend on 2026-05-04: 33.2%	Stage 2 · Uptrend on 2026-05-05: 33.1%	Stage 2 · Uptrend on 2026-05-06: 33.1%	Stage 2 · Uptrend on 2026-05-07: 33.1%	Stage 2 · Uptrend on 2026-05-08: 33.1%	Stage 2 · Uptrend on 2026-05-11: 33.4%	Stage 2 · Uptrend on 2026-05-12: 33.4%	Stage 2 · Uptrend on 2026-05-13: 33.3%	Stage 2 · Uptrend on 2026-05-14: 33.3%	Stage 2 · Uptrend on 2026-05-15: 33.2%	Stage 2 · Uptrend on 2026-05-18: 33%	Stage 2 · Uptrend on 2026-05-19: 32.7%	Stage 2 · Uptrend on 2026-05-20: 32.9%	Stage 2 · Uptrend on 2026-05-21: 33%	Stage 2 · Uptrend on 2026-05-22: 32.9%	Stage 2 · Uptrend on 2026-05-26: 34%	Stage 2 · Uptrend on 2026-05-27: 33.9%	Stage 2 · Uptrend on 2026-05-28: 34%	Stage 2 · Uptrend on 2026-05-29: 33.9%	Stage 2 · Uptrend on 2026-06-01: 34.3%	Stage 2 · Uptrend on 2026-06-02: 34.2%	Stage 2 · Uptrend on 2026-06-03: 34.4%	Stage 2 · Uptrend on 2026-06-04: 34.3%	Stage 2 · Uptrend on 2026-06-05: 34.1%	Stage 2 · Uptrend on 2026-06-08: 34.5%	Stage 2 · Uptrend on 2026-06-09: 34.6%	Stage 2 · Uptrend on 2026-06-10: 34.7%	Stage 2 · Uptrend on 2026-06-11: 34.8%	Stage 2 · Uptrend on 2026-06-12: 34.6%	Stage 2 · Uptrend on 2026-06-15: 34.9%	Stage 2 · Uptrend on 2026-06-16: 34.9%	Stage 2 · Uptrend on 2026-06-17: 34.8%	Stage 2 · Uptrend on 2026-06-18: 34.9%	Stage 2 · Uptrend on 2026-06-22: 34.7%	Stage 2 · Uptrend on 2026-06-23: 34.7%	Stage 2 · Uptrend on 2026-06-24: 34.8%	Stage 2 · Uptrend on 2026-06-25: 34.9%	Stage 2 · Uptrend on 2026-06-26: 34.9%	Stage 2 · Uptrend on 2026-06-29: 35.1%	Stage 2 · Uptrend on 2026-06-30: 35.1%	Stage 2 · Uptrend on 2026-07-01: 35.1%	Stage 2 · Uptrend on 2026-07-02: 35%	Stage 2 · Uptrend on 2026-07-06: 35.4%	Stage 2 · Uptrend on 2026-07-07: 35.2%	Stage 2 · Uptrend on 2026-07-08: 35%	Stage 2 · Uptrend on 2026-07-09: 34.8%	Stage 2 · Uptrend on 2026-07-10: 34.7%	Stage 2 · Uptrend on 2026-07-13: 34.7%	Stage 2 · Uptrend on 2026-07-14: 34.8%	Stage 2 · Uptrend on 2026-07-15: 34.7%	Stage 2 · Uptrend on 2026-07-16: 34.7%	Stage 2 · Uptrend on 2026-07-17: 34.5%	Stage 2 · Uptrend on 2026-07-20: 35.1%	Stage 2 · Uptrend on 2026-07-21: 35.1%	Stage 2 · Uptrend on 2026-07-22: 35.1%	Stage 2 · Uptrend on 2026-07-23: 35%	Stage 2 · Uptrend on 2026-07-24: 35%	Stage 2 · Uptrend on 2026-07-27: 35.5%	Stage 2 · Uptrend on 2026-07-28: 35.6%	Stage 2 · Uptrend on 2026-07-29: 35.4%	Stage 2 · Uptrend on 2026-07-30: 35.4%	Stage 2 · Uptrend on 2026-07-31: 35.5%	Stage 2 · Uptrend on 2026-08-03: 36%	Stage 2 · Uptrend on 2026-08-04: 36%	Stage 2 · Uptrend on 2026-08-05: 35.9%	Stage 2 · Uptrend on 2026-08-06: 35.8%	Stage 2 · Uptrend on 2026-08-07: 35.9%	Stage 2 · Uptrend on 2026-08-10: 36.1%	Stage 2 · Uptrend on 2026-08-11: 35.9%	Stage 2 · Uptrend on 2026-08-12: 35.8%	Stage 2 · Uptrend on 2026-08-13: 35.9%	Stage 2 · Uptrend on 2026-08-14: 35.8%	Stage 2 · Uptrend on 2026-08-17: 35.8%	Stage 2 · Uptrend on 2026-08-18: 35.7%	Stage 2 · Uptrend on 2026-08-19: 35.8%	Stage 2 · Uptrend on 2026-08-20: 35.7%	Stage 2 · Uptrend on 2026-08-21: 35.7%	Stage 2 · Uptrend on 2026-08-24: 35.6%

1	Stage 3 · Topping on 2026-04-16: 18.8%	Stage 3 · Topping on 2026-04-17: 18.8%	Stage 3 · Topping on 2026-04-20: 18.2%	Stage 3 · Topping on 2026-04-21: 18.3%	Stage 3 · Topping on 2026-04-22: 18.3%	Stage 3 · Topping on 2026-04-23: 18.4%	Stage 3 · Topping on 2026-04-24: 18.3%	Stage 3 · Topping on 2026-04-27: 17.7%	Stage 3 · Topping on 2026-04-28: 17.7%	Stage 3 · Topping on 2026-04-29: 17.9%	Stage 3 · Topping on 2026-04-30: 17.9%	Stage 3 · Topping on 2026-05-01: 17.8%	Stage 3 · Topping on 2026-05-04: 17.4%	Stage 3 · Topping on 2026-05-05: 17.3%	Stage 3 · Topping on 2026-05-06: 17.4%	Stage 3 · Topping on 2026-05-07: 17.4%	Stage 3 · Topping on 2026-05-08: 17.5%	Stage 3 · Topping on 2026-05-11: 16.9%	Stage 3 · Topping on 2026-05-12: 17%	Stage 3 · Topping on 2026-05-13: 17%	Stage 3 · Topping on 2026-05-14: 17.1%	Stage 3 · Topping on 2026-05-15: 17.2%	Stage 3 · Topping on 2026-05-18: 16.9%	Stage 3 · Topping on 2026-05-19: 17%	Stage 3 · Topping on 2026-05-20: 17%	Stage 3 · Topping on 2026-05-21: 16.9%	Stage 3 · Topping on 2026-05-22: 17%	Stage 3 · Topping on 2026-05-26: 15.9%	Stage 3 · Topping on 2026-05-27: 15.9%	Stage 3 · Topping on 2026-05-28: 15.8%	Stage 3 · Topping on 2026-05-29: 15.9%	Stage 3 · Topping on 2026-06-01: 15.3%	Stage 3 · Topping on 2026-06-02: 15.4%	Stage 3 · Topping on 2026-06-03: 15.3%	Stage 3 · Topping on 2026-06-04: 15.3%	Stage 3 · Topping on 2026-06-05: 15.5%	Stage 3 · Topping on 2026-06-08: 15.4%	Stage 3 · Topping on 2026-06-09: 15.4%	Stage 3 · Topping on 2026-06-10: 15.4%	Stage 3 · Topping on 2026-06-11: 15.3%	Stage 3 · Topping on 2026-06-12: 15.5%	Stage 3 · Topping on 2026-06-15: 15.4%	Stage 3 · Topping on 2026-06-16: 15.5%	Stage 3 · Topping on 2026-06-17: 15.6%	Stage 3 · Topping on 2026-06-18: 15.6%	Stage 3 · Topping on 2026-06-22: 15.9%	Stage 3 · Topping on 2026-06-23: 15.7%	Stage 3 · Topping on 2026-06-24: 15.9%	Stage 3 · Topping on 2026-06-25: 15.8%	Stage 3 · Topping on 2026-06-26: 15.7%	Stage 3 · Topping on 2026-06-29: 15.9%	Stage 3 · Topping on 2026-06-30: 15.9%	Stage 3 · Topping on 2026-07-01: 16%	Stage 3 · Topping on 2026-07-02: 16%	Stage 3 · Topping on 2026-07-06: 16%	Stage 3 · Topping on 2026-07-07: 16.3%	Stage 3 · Topping on 2026-07-08: 16.4%	Stage 3 · Topping on 2026-07-09: 16.4%	Stage 3 · Topping on 2026-07-10: 16.4%	Stage 3 · Topping on 2026-07-13: 16.3%	Stage 3 · Topping on 2026-07-14: 16.2%	Stage 3 · Topping on 2026-07-15: 16.1%	Stage 3 · Topping on 2026-07-16: 16.2%	Stage 3 · Topping on 2026-07-17: 16.3%	Stage 3 · Topping on 2026-07-20: 15.8%	Stage 3 · Topping on 2026-07-21: 15.8%	Stage 3 · Topping on 2026-07-22: 15.9%	Stage 3 · Topping on 2026-07-23: 16%	Stage 3 · Topping on 2026-07-24: 16.1%	Stage 3 · Topping on 2026-07-27: 15.8%	Stage 3 · Topping on 2026-07-28: 15.9%	Stage 3 · Topping on 2026-07-29: 16%	Stage 3 · Topping on 2026-07-30: 16%	Stage 3 · Topping on 2026-07-31: 16%	Stage 3 · Topping on 2026-08-03: 15.5%	Stage 3 · Topping on 2026-08-04: 15.5%	Stage 3 · Topping on 2026-08-05: 15.5%	Stage 3 · Topping on 2026-08-06: 15.6%	Stage 3 · Topping on 2026-08-07: 15.6%	Stage 3 · Topping on 2026-08-10: 15.4%	Stage 3 · Topping on 2026-08-11: 15.5%	Stage 3 · Topping on 2026-08-12: 15.5%	Stage 3 · Topping on 2026-08-13: 15.5%	Stage 3 · Topping on 2026-08-14: 15.6%	Stage 3 · Topping on 2026-08-17: 15.5%	Stage 3 · Topping on 2026-08-18: 15.6%	Stage 3 · Topping on 2026-08-19: 15.6%	Stage 3 · Topping on 2026-08-20: 15.6%	Stage 3 · Topping on 2026-08-21: 15.5%	Stage 3 · Topping on 2026-08-24: 15.5%

1	Stage 4 · Decline on 2026-04-16: 36.7%	Stage 4 · Decline on 2026-04-17: 36.5%	Stage 4 · Decline on 2026-04-20: 36.4%	Stage 4 · Decline on 2026-04-21: 36.5%	Stage 4 · Decline on 2026-04-22: 36.4%	Stage 4 · Decline on 2026-04-23: 36.4%	Stage 4 · Decline on 2026-04-24: 36.4%	Stage 4 · Decline on 2026-04-27: 36.4%	Stage 4 · Decline on 2026-04-28: 36.4%	Stage 4 · Decline on 2026-04-29: 36.3%	Stage 4 · Decline on 2026-04-30: 36.4%	Stage 4 · Decline on 2026-05-01: 36.3%	Stage 4 · Decline on 2026-05-04: 36.7%	Stage 4 · Decline on 2026-05-05: 36.7%	Stage 4 · Decline on 2026-05-06: 36.7%	Stage 4 · Decline on 2026-05-07: 36.5%	Stage 4 · Decline on 2026-05-08: 36.5%	Stage 4 · Decline on 2026-05-11: 36.5%	Stage 4 · Decline on 2026-05-12: 36.5%	Stage 4 · Decline on 2026-05-13: 36.7%	Stage 4 · Decline on 2026-05-14: 36.5%	Stage 4 · Decline on 2026-05-15: 36.5%	Stage 4 · Decline on 2026-05-18: 36.5%	Stage 4 · Decline on 2026-05-19: 36.5%	Stage 4 · Decline on 2026-05-20: 36.2%	Stage 4 · Decline on 2026-05-21: 36.2%	Stage 4 · Decline on 2026-05-22: 36.1%	Stage 4 · Decline on 2026-05-26: 35.8%	Stage 4 · Decline on 2026-05-27: 35.8%	Stage 4 · Decline on 2026-05-28: 35.7%	Stage 4 · Decline on 2026-05-29: 35.6%	Stage 4 · Decline on 2026-06-01: 35.7%	Stage 4 · Decline on 2026-06-02: 35.6%	Stage 4 · Decline on 2026-06-03: 35.6%	Stage 4 · Decline on 2026-06-04: 35.6%	Stage 4 · Decline on 2026-06-05: 35.6%	Stage 4 · Decline on 2026-06-08: 35.7%	Stage 4 · Decline on 2026-06-09: 35.5%	Stage 4 · Decline on 2026-06-10: 35.4%	Stage 4 · Decline on 2026-06-11: 35.2%	Stage 4 · Decline on 2026-06-12: 35.2%	Stage 4 · Decline on 2026-06-15: 34.6%	Stage 4 · Decline on 2026-06-16: 34.4%	Stage 4 · Decline on 2026-06-17: 34.4%	Stage 4 · Decline on 2026-06-18: 34.3%	Stage 4 · Decline on 2026-06-22: 34.6%	Stage 4 · Decline on 2026-06-23: 34.6%	Stage 4 · Decline on 2026-06-24: 34.4%	Stage 4 · Decline on 2026-06-25: 34.4%	Stage 4 · Decline on 2026-06-26: 34.3%	Stage 4 · Decline on 2026-06-29: 34%	Stage 4 · Decline on 2026-06-30: 33.9%	Stage 4 · Decline on 2026-07-01: 33.8%	Stage 4 · Decline on 2026-07-02: 33.8%	Stage 4 · Decline on 2026-07-06: 33.5%	Stage 4 · Decline on 2026-07-07: 33.4%	Stage 4 · Decline on 2026-07-08: 33.5%	Stage 4 · Decline on 2026-07-09: 33.6%	Stage 4 · Decline on 2026-07-10: 33.6%	Stage 4 · Decline on 2026-07-13: 34%	Stage 4 · Decline on 2026-07-14: 33.9%	Stage 4 · Decline on 2026-07-15: 34%	Stage 4 · Decline on 2026-07-16: 33.8%	Stage 4 · Decline on 2026-07-17: 33.8%	Stage 4 · Decline on 2026-07-20: 33.5%	Stage 4 · Decline on 2026-07-21: 33.5%	Stage 4 · Decline on 2026-07-22: 33.4%	Stage 4 · Decline on 2026-07-23: 33.3%	Stage 4 · Decline on 2026-07-24: 33.2%	Stage 4 · Decline on 2026-07-27: 33.1%	Stage 4 · Decline on 2026-07-28: 32.9%	Stage 4 · Decline on 2026-07-29: 32.9%	Stage 4 · Decline on 2026-07-30: 32.8%	Stage 4 · Decline on 2026-07-31: 32.8%	Stage 4 · Decline on 2026-08-03: 32.8%	Stage 4 · Decline on 2026-08-04: 32.7%	Stage 4 · Decline on 2026-08-05: 32.5%	Stage 4 · Decline on 2026-08-06: 32.6%	Stage 4 · Decline on 2026-08-07: 32.3%	Stage 4 · Decline on 2026-08-10: 32%	Stage 4 · Decline on 2026-08-11: 32%	Stage 4 · Decline on 2026-08-12: 32%	Stage 4 · Decline on 2026-08-13: 31.9%	Stage 4 · Decline on 2026-08-14: 31.9%	Stage 4 · Decline on 2026-08-17: 31.1%	Stage 4 · Decline on 2026-08-18: 31%	Stage 4 · Decline on 2026-08-19: 30.9%	Stage 4 · Decline on 2026-08-20: 31%	Stage 4 · Decline on 2026-08-21: 31%	Stage 4 · Decline on 2026-08-24: 30.2%

“Is the rally broad-based or narrow?”

Breadth over time — read the regime

What moved this pillar

Raw-blend contribution ?

Frequently asked

Raw-blend contribution