Weekly Market Breadth Report — June 12, 2026
This report is AI-generated from Chartlas's market data and breadth analytics. It is not human-written market commentary and does not constitute investment advice.
Market Overview
S&P 500 was roughly flat this week (+0.6%) to 7,431. MSCI World (ACWI) gained +1.3% to 156. Momentum (4/6) and trend (2/6) are both in the mid-range — near-baseline forward returns historically. Best performer: Russell 2000 (+3.9%). Weakest: Hang Seng (-1.0%).
| Metric | This Week | Last Week | 1Y Avg | Z (1Y) |
|---|---|---|---|---|
| Bullish Signal % | 45.6% | 42.5% | 54.5% | -1.4 |
| Bullish Signals | 117,217 | 108,885 | ||
| Bearish Signals | 139,710 | 147,042 |
This week's net balance skews bearish relative to the 1-year norm (z=-1.4).
S&P 500 price with regime signal markers. Green triangles = bullish signals, red triangles = bearish signals.
Key Takeaways
- 🟡 S&P 500: Flat this week at 7,431 (+0.6%).
- 🟢 MSCI World (ACWI): Gained +1.3%, tracking US markets. The rally is global.
- 🟡 Breadth: Momentum improving while trend deteriorating — a divergence. Short-term bounce within structural weakness. Above-average forward returns historically, but direction is uncertain.
- 🔴 Breadth — 52-Week High/Low: At an extreme reading (z=-3.1). Uncommon weakness — could mark a washout or further downside.
- 🟢 Dow Jones: A McClellan Zero Cross signal fired this week (bullish).
Stocks with the Most Signals
Large-cap stocks ($10B+) with 5+ signals fired this week.
| Symbol | Name | Sector | Signals | Net | 1W % |
|---|---|---|---|---|---|
| 302132.SZ | AVIC Chengdu Aircraft Company | Technology | 47 | -47 | +0% |
| BMPS.MI | Banca Monte dei Paschi di Sien | Financial Services | 29 | +25 | +20% |
| 600378.SS | Haohua Chemical Science & Tech | Basic Materials | 29 | +19 | +23% |
| 0148.HK | Kingboard Holdings Limited | Industrials | 28 | +22 | +43% |
| WIPRO.BO | Wipro Limited | Technology | 28 | -20 | -9% |
| 002230.SZ | iFLYTEK CO.,LTD | Technology | 27 | -25 | -12% |
| 300666.SZ | Konfoong Materials Internation | Technology | 27 | +17 | +36% |
| PST.MI | Poste Italiane S.p.A. | Industrials | 27 | +23 | +10% |
Momentum Breadth
Short-term oscillators and price velocity indicators.
| Index | This Week | Last Week | Change | Z (1Y) | Trend |
|---|---|---|---|---|---|
| Advance / Decline | +6,593 | -14,327 | +20,920 | +0.8 | Flipped bullish |
| New 20D High/Low | -12,531 | -12,055 | -476 | -1.9 | Stable |
| MACD Breadth | +208 | -979 | +1,187 | +0.1 | Flipped bullish |
| RSI Extremes | +2,618 | +483 | +2,135 | +2.6 | Strengthening |
| Bollinger Band | +2,976 | +877 | +2,099 | +1.6 | Strengthening |
| Weekly Movers (±10%) | -8,747 | -3,320 | -5,427 | -2.8 | Weakening |
Weekly Movers (±10%) weekly net (bars) with S&P 500 price (right axis). 1Y z-score: -2.8.
Trend Breadth
Longer-term structural indicators.
| Index | This Week | Last Week | Change | Z (1Y) | Trend |
|---|---|---|---|---|---|
| 52-Week High/Low | -5,136 | -3,020 | -2,116 | -3.1 | Weakening |
| Fresh 52W High/Low | -522 | -463 | -59 | -2.3 | Weakening |
| 200 DMA Breadth | -18,724 | -11,145 | -7,579 | -2.4 | Weakening |
| MA Cross (Golden/Death) | -27 | +26 | -53 | -0.2 | Flipped bearish |
| HH/HL Structure | +312 | +18 | +294 | -0.1 | Strengthening |
| Breakout / Breakdown | +317 | +270 | +47 | -0.9 | Strengthening |
52-Week High/Low weekly net (bars) with S&P 500 price (right axis). 1Y z-score: -3.1.
Pattern Breadth
| Index | This Week | Last Week | Change | Z (1Y) | Trend |
|---|---|---|---|---|---|
| Double Top/Bottom | -642 | -549 | -93 | -2.1 | Weakening |
| Failed Pattern | +98 | -35 | +133 | +0.7 | Flipped bullish |
Major ETF Signals
| Ticker | Name | Momentum | Trend | Pattern | Net | Z (1Y) |
|---|---|---|---|---|---|---|
| GLD | Gold | 5↑ 4↓ | — | — | +1 | -0.2 |
| IBIT | Bitcoin | 6↑ 1↓ | 1↑ | — | +6 | +1.1 |
| IWM | Russell 2000 | 2↑ | 4↑ 1↓ | — | +5 | +0.6 |
| EFA | EAFE (Dev ex-US) | 3↑ 2↓ | 1↑ | — | +2 | +0.1 |
| QQQ | NASDAQ 100 | 3↑ 2↓ | 1↑ | — | +2 | -0.3 |
| SPY | S&P 500 | 4↑ 2↓ | — | — | +2 | -0.3 |
| EWJ | Japan | 3↑ 2↓ | 1↑ | — | +2 | +0.1 |
| HYG | High Yield Corp | 4↑ | 1↑ | — | +5 | +1.0 |
| DIA | Dow Jones | 1↑ 1↓ | 1↑ 2↓ | — | -1 | -0.5 |
| TLT | 20+ Year Treasury | 2↑ | 1↑ 1↓ | — | +2 | +0.5 |
| EEM | Emerging Markets | 3↑ | 1↑ | — | +4 | +0.2 |
| USO | Oil (USO) | 2↑ 2↓ | — | — | +0 | -0.3 |
IBIT weekly net signals (bars) with IBIT price (blue line, right axis). 1Y z-score: +1.1.
Sector Breadth (Advance/Decline)
| Sector | Net | % Bullish | Z (1Y) |
|---|---|---|---|
| Financial Services | +2,457 | 62.9% | +2.1 |
| Consumer Cyclical | +911 | 53.9% | +0.8 |
| Basic Materials | +877 | 54.6% | +0.8 |
| Consumer Defensive | +843 | 57.5% | +1.8 |
| Real Estate | +785 | 57.9% | +1.3 |
| Healthcare | +634 | 53.5% | +0.9 |
| Industrials | +284 | 50.7% | +0.3 |
| Communication Services | +140 | 52.1% | +0.7 |
| Utilities | +125 | 52.6% | +0.5 |
| Energy | -92 | 48.2% | -0.4 |
| Technology | -490 | 48.2% | -0.1 |
Financial Services sector weekly A/D net with S&P 500 price (right axis). 1Y z-score: +2.1.
What to Watch Next Week
- 200 DMA Breadth at -18,724. Continuing to weaken.
- Advance / Decline leading at +6,593. Watch for continuation vs exhaustion.
- Advance / Decline just flipped — need follow-through to confirm.
Last Week We Said
From our report on June 05:
- 🔴 S&P 500: Fell -2.6% to 7,384. Breadth confirms the weakness.
- 🔴 MSCI World (ACWI): Lost -2.6% — selling pressure is global.
- 🟡 Breadth: Momentum is weak (2/6) while trend is in the mid-range (3/6). Short-term selling pressure within a mixed structural backdrop — below-average forward returns. Second consecutive week of weak momentum.
What happened: S&P 500 was flat (+0.6%). The mixed signals were warranted — no clear direction.
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