Market health & breadth
As of the 2026-10-01 close, 44.7% of the 3,142 US companies we could measure were trading above their 200-day average, while 1.8% were overbought on a 14-day RSI and 13.8% were oversold.
Last updated 2026-10-01.
Breadth across the US market
| Measure | Share | Count | What it means |
|---|---|---|---|
| Above their 200-day average | 44.7% | 1,362 of 3,044 | The long-term trend line — the share of the market in a longer-term uptrend. |
| Above their 50-day average | 24.7% | 763 of 3,094 | The short-term trend line. |
| Overbought (14-day RSI above 70) | 1.8% | 58 of 3,142 | Momentum stretched to the upside. A count of what has happened, not a forecast. |
| Oversold (14-day RSI below 30) | 13.8% | 433 of 3,142 | Momentum stretched to the downside. |
| At or within 3% of their 52-week high | 3.0% | 90 of 3,034 | How much of the market is trading near the top of its own yearly range. |
| At or within 3% of their 52-week low | 9.5% | 289 of 3,034 | And how much is near the bottom of it. |
| Golden cross in the last 5 sessions | 0.6% | 19 of 3,044 | The 50-day average crossed above the 200-day — a trend turn watched widely enough to matter. |
| Death cross in the last 5 sessions | 3.0% | 92 of 3,044 | The same crossing downward. |
Counted across 3,142 of the 3,197 US companies in the catalog — those carrying a technical snapshot for the 2026-10-01 session, after excluding 10 whose price history shows an unadjusted split or scale break. Each row shows its own count, because a company needs 200 sessions of history to have a 200-day average and only 15 to have an RSI.
"At or within 3% of the 52-week high" rather than "new highs": the 52-week high is the highest intraday price of the year, which a closing price almost never matches exactly, so a literal count would report one or two companies on a day most of the market is rising. The same 3% band is what the near-52-week-high screen uses.
Where the market sits in its own swings
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
This labels the index’s own swings. It is not a count of how many companies are doing anything — a market can be near a turn in its own price path while most of its constituents are somewhere else entirely.
Read from S&P 500 (SPY) closes as of 2026-10-01, classified once a night by the same rules every company page applies. An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Breadth is counted once a night from our own technical snapshot, which is computed from daily-close price history. Nothing on this page is estimated or modelled — every figure is a count of companies meeting a stated, fixed condition. Universe: SEC EDGAR (Russell 3000 + Dow).
Informational only — NOT financial advice. Breadth describes what prices have already done; it does not predict what they will do next.