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How Today's US Market Reads Recent Stock-Selection Conditions

2026-08-25
Understand the five homepage labels using 20- and 60-session median returns, participation and 50/150/200-day breadth.

A recent scorecard, not a forecast

The homepage measures realised 20- and 60-session returns across the current 300 largest US stocks. It asks whether winners were easy to find and whether the typical gain was meaningful. Medians reduce distortion from a few mega-cap or exceptional winners.

Three layers

The 20-session median measures magnitude: below -3% is weak, -3% to +3% is consolidation, +3% to +7% is moderately strong, and above +7% is a meaningful advance. A positive number such as +2% still means the typical stock gained very little.

Participation measures selection difficulty: below45% advancing is difficult, 45% to55% is mixed, 55% to65% is improving, and above65% is broad participation.

The 60-session median confirms persistence. The shares above150- and200-day averages describe position; an average above60% is higher-position breadth and below40% is lower-position breadth. Position does not predict a reversal.

Five homepage labels

  • Clearly strong: 20-session median at least +7%, at least65% advancing, and 60-session median at least +5%.
  • Moderately strong: 20-session median at least +3%, at least55% advancing, and a non-negative 60-session median.
  • Weak consolidation: 20-session median between -3% and +3%.
  • Clearly weak: 20-session median no higher than -3% and fewer than45% advancing.
  • Consolidating: return magnitude and participation disagree, often when a few heavyweights support the index or a rebound has not broadened.

These labels summarize the previous20 and60 sessions. They are not trading signals and do not predict that conditions will persist.

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