VMR Market Regime - Market Breadth Chart & Analysis

Deep-dive technical analysis of the underlying structural health of the broad equity markets.

Market Regime
12.10 VMR
Somewhat Oversold Fear levels elevated
FEAR GREED
S&P 500 Analysis (SPY)
Current Price $653.18 ↘ 2.4% 1W
50-Day SMA $680.64 ↘ 4.0%
200-Day SMA $657.19 ↘ 0.6%
RSI (14) 36.0 ● Weak
ATR 1.51%
VRO Score 5.1
VRO Trend ↗ 0.3
Perf YTD ↘ -4.0%
Regime Bias
Capitulation
Buy Signal -0.5

Stocks above MA within S&P 500

Stocks above MA
Score Extreme Bearish · 10.4
4d Trend ↗ Opportunity 5.4
8d Trend ↗ Opportunity 8.7

Advance Decline Line ADL all NYSE, Detrended

Advance Decline Line ADL
Score Extreme Bearish · 13.7
4d Trend ↗ Opportunity 7.8
8d Trend ↗ Opportunity 11.3

52 Week High Low all NYSE

52 Week High Low
Score Extreme Bearish · 15.6
4d Trend ↗ Improving 1.9
8d Trend ↗ Opportunity 14.4
API Endpoints
  1. Market Regime Data — aggregated regime scores, trends and sub-indicators
  2. Symbol Data (SPY) — technicals, performance and signal strength for S&P 500
Recommended Options Strategies based on VMR
Bearish Turn-around / Strong Sell
Long Puts

High expectation for IV to increase: Buy with low Premium and sell on higher Premium, while the stocks are going down.

Sideways or Moderate Uptrend / Hold or Buy
Short Iron Condor

Moderate expectation for IV to decrease. Sell when 50%–80% of the Premium is collected, or when the stock price approaches the short strikes.

Moderate Downtrend / Sell
Do Nothing

Sometimes it's better to stay out of the market, just wait for a better opportunity.

Active Now Bullish Turn-around / Strong Buy
Bull Put Spread

Good expectation for IV to decrease: Collect Premiums now and buy them back when the Premium drops, while the stock is going up.

Before you buy, answer the following questions
  1. What is the current overall Market Regime?
  2. Does this stock have a sector-specific tail- or headwind?
  3. Is this stock the best in its Peer-Group?
  4. Why should other Investors buy and hold this stock?
  5. At what prices would Bagholders sell?
Other recommended sources to identify the Market Regime
  1. Is the AAII Investor Sentiment Survey above or below Historical Average?
  2. Is the VIX above or below 21, is the VIX Term Structure in Contango or Backwardation?
  3. Will the FED increase, hold or decrease the Interest Rate?
About the Market Regime Indicator

The Market Regime measures the overall health and direction of a financial market by examining the number of individual assets participating in a particular market move. It is a quantitative assessment that helps investors gauge the underlying strength or weakness of a market trend.

We developed a contrarian market regime indicator, based on seven different momentum indices, a sophisticated approach to assess market sentiment. Our contrarian indicator looks for divergences between market sentiments and price movements.

Symbols used in this Market Regime Indicator

We use the following symbols to calculate the Market Regime Indicator, which is a weighted average of the individual indicators. The Nasdaq versions are not used in the calculation, but can be used as alternatives.

Symbol Description Alternatives
S5TW Percent of Stocks Above 20-Day Average S&P 500 MMTW for Overall / NDTW for Nasdaq
S5FI Percent of Stocks Above 50-Day Average S&P 500 MMFI for Overall / NDFI for Nasdaq
S5TH Percent of Stocks Above 200-Day Average S&P 500 MMTH for Overall / NDTH for Nasdaq
MALN 52 Weeks Lows NYSE MALQ for Nasdaq
MAHN 52 Weeks High NYSE MAHQ for Nasdaq
ADVN (or NSHU) Advancing Stocks NYSE ADVQ for Nasdaq
DECN (or NSHD) Declining Stocks NYSE DECQ for Nasdaq