Weekly Market Breadth Report — August 14, 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 (+0.4%) to 7,786. MSCI World (ACWI) gained +0.5% to 162. Momentum (3/6) and trend (3/6) are both in the mid-range — near-baseline forward returns historically. Best performer: Nikkei 225 (+4.7%). Weakest: Hang Seng (-2.1%).

Signal balance is near its 1-year norm — nothing unusual this week.

S&P 500 with regime episode markers — one marker per episode, matching the /regime monitor. Green = washouts / 90% up-volume days, red = global Hindenburg episodes / 90% down-volume days.

Key Takeaways

• 🟡 S&P 500: Flat this week at 7,786 (+0.4%).
• 🟡 Breadth: Momentum (3/6) and trend (3/6) are both in the mid-range. Near-baseline forward returns — no strong directional signal from breadth.
• 🟡 The regime board is quiet. No washout (72% above the 200-DMA), no capitulation days, last global Hindenburg episode Jun 1, 2026. Quiet is information too.

Stocks with the Most Signals

Large-cap stocks ($10B+) with 5+ signals fired this week.

Regime Monitor

The three breadth conditions that carried a measured forward edge in our backtest, tracked as episodes. Full detail at chartlas.com/regime.

How we read it: nothing on the board argues for either aggression or defense right now — the washout gauge sits at 72%, mid-zone. The overbought line at 80% is the nearer boundary if the current move extends. 3 global Hindenburg episodes inside twelve months is above the long-run cadence of roughly two — the split-market condition (heavy new highs and new lows together) keeps recurring, and the month after an episode has averaged about three points below a typical month in our history. The most recent (Jun 1, 2026) is stale; a fresh one would move this from footnote to headline. No 90% volume days this week (last down-day episode: Dec 31, 2025).

Where the Signals Are — Industry Scan

The week's cumulative signal net per industry (Investable universe), scored against that industry's own year of weekly readings. Click any name to open it in the Explorer.

Bars: the week's cumulative signal-net vs the group's own year of weeks. Labels: the same group's 1-week price move.

Signal leaders:

Signal laggards:

The read. The strongest surge has trend-family confirmation: United States Oil & Gas Refining & Marketing logged 121 bullish signals this week, 87 of them trend-type (breakouts, structure, moving-average confirmations) against 31 oversold-type. That is a rally the engine is confirming, not bottom-fishing.

On the bear side the composition inverts: of United States Apparel Retail's 73 bearish fires this week, 34 were trend-family breakdowns. The downtrend is intact and broadening.

Rotation & Divergences

Structural flags from the CHRT tree this week.

2 divergence flags tripped this week (2 hidden-base), but no cross-regional cluster — no sector set off the same flag in two or more regions, which is the coincidence we treat as signal.

Leadership changes worth noting (which industry drives its group's signal activity): - Latin America Basic Materials — Latin America Construction Materials took the lead from Latin America Metals & Mining (08-11). - United States Industrial Equipment — United States Metal Fabrication took the lead from United States Electrical Equipment & Parts (08-10).

Sharpest single-day surprises: Latin America Communication Services printed a -21 net signal day on 08-11 (-2.7σ); Western Europe Marine Shipping printed a +46 net signal day on 08-13 (+2.7σ) — worth a look if you own the space.

Geography Scan

The week's cumulative signal net per region vs that region's own year of weekly readings, alongside the week's price move.

Bars: the week's cumulative signal-net vs each region's own year of weeks. Diamonds: 1-week price move.

The read: Asia ex-JP/CN is the disagreement worth watching: +2.3% on the week — the best price move of any region — while its signal net finished at +324 (-0.3σ, below its one-year norm). A rally the internals aren't attending is not automatically doomed, but it is the pattern we flag. Latin America is red on both counts: -3.0% with a -1.5σ signal week.

Momentum Breadth

Weekly Movers (±10%) weekly net (bars) with S&P 500 price (right axis). 1Y z-score: +1.5.

Trend Breadth

HH/HL Structure weekly net (bars) with S&P 500 price (right axis). 1Y z-score: -1.9.

Pattern Breadth

Major ETF Signals

Nothing on the ETF board is stretched beyond two standard deviations of its own one-year norm this week.

GLD weekly net signals (bars) with GLD price (blue line, right axis). 1Y z-score: -0.9.

Sector Breadth (Advance/Decline)

No sector's advance/decline week stands out against its own year — rotation, not conviction.

Energy sector weekly A/D net with S&P 500 price (right axis). 1Y z-score: +1.4.

What to Watch Next Week

1. Asia ex-JP/CN's internals. A positive signal week would validate the price move; another negative one deepens the flag.
2. MACD Breadth at -257 — the closest breadth index to a sign flip. The side it lands on next week is information.
3. The confirmed rallies (Japan and United States groups, +6% to +10% price weeks): whether trend-family confirmation persists, or the moves digest.

Last Week We Said

From our report of Aug 7, 2026:

• 🟡 S&P 500: Rallied +3.6% to 7,758, but breadth is not fully confirming. Price is moving up while internals remain mixed.
• 🟢 MSCI World (ACWI): Gained +3.2%, tracking US markets. The rally is global.
• 🟢 The week's bullish theme is Asia ex-JP/CN. 5 of the top 8 industry surges are Asia ex-JP/CN groups with +7% to +14% price weeks.

Last week's report leaned bullish (2 green, 3 amber, 0 red). What happened: the S&P moved +0.4%. Mixed week, mixed call — no point claimed either way. The tally continues next week.

Generated by Chartlas — equity screening & signal alerts for discretionary investors. Forward-return references are averages from our 2015–2026 backtest on ~31,000 securities; they are tendencies, not predictions. Full methodology on the Regime and Breadth pages. Not investment advice.

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