Breadth.me - Market Breadth Monitor

Introduction

Breadth.me offers a statistical overview of the market breadth. It is designed to assist investors in gaining a clearer understanding of sector and factor performance, highlighting relative strengths and weaknesses.

Usage

Some example use cases

• Adjust profolio weightings based on the sector strength and rotation.
• Average breadth score reflects the overall market risk factor. In a bull market, if sector breadth is below 20, it’s a good time to buy. In both bull and bear markets, if it’s above 85, it’s a good time to sell.
• Standard deviation can help determine whether the current market is experiencing overall market risk or a sector/factor rotation. Higher values suggest that a rotation is more likely, while lower values indicate a greater probability of market risk.

Roadmap

• Add alerts based on defined conditions
• Add more groups (e.g., Russell 2000) sector breadth.

Feature Requests

Please feel free to join the Discord to provide your wishlist or discuss any ideas. Or simply create a GitHub issue Here.

Relative Indicators

Here are some useful indicators that can combine with the breadth score to make better decisions:

• Fear & Greed Index
• CBOE Put/Call Ratio
• Smart Money Dumb Money Confidence
• AAII Investor Sentiment Survey

Release Notes

• v0.0.1 - Initial release