Where the market stands today, measured with six groups of indicators and explicit rules. Updated every day at the close.
Score +1 on a −6 to +6 scale · close of 2026-10-16 · since 2026-10-15 (previously: Favorable)
Mixed signals: the market shows no clear direction.
How the regime has changed over recent years against the index, percentiles for every indicator, and a Telegram alert when it changes.
Go Pro| Index | Day | 20 days | YTD | vs. MA200 |
|---|---|---|---|---|
| STOXX Europe 600 | +0.7% | +1.5% | +7.1% | +3.0% |
| Euro Stoxx 50 | +0.6% | -0.5% | +4.7% | +1.7% |
| DAX | +0.9% | +1.3% | +4.4% | +3.0% |
| CAC 40 | +0.3% | -1.3% | -2.9% | -3.2% |
| IBEX 35 | +0.8% | -1.0% | +10.5% | +3.8% |
| FTSE MIB | +0.9% | -3.3% | +9.9% | +1.3% |
| FTSE 100 | +0.4% | +2.1% | +9.4% | +3.7% |
| Sector | 20 days | 60 days |
|---|---|---|
| Oil & gas cyclical | +4.8% | +8.6% |
| Technology cyclical | +2.8% | +4.3% |
| Food & beverage defensive | +8.9% | +3.0% |
| Telecoms defensive | -3.1% | -0.1% |
| Health care defensive | +3.7% | -0.2% |
| Industrials cyclical | -0.2% | -1.0% |
| Personal & household goods defensive | +6.2% | -1.2% |
| Autos cyclical | -3.4% | -1.4% |
| Banks cyclical | -5.9% | -3.8% |
| Utilities defensive | +2.5% | -4.0% |
| Construction cyclical | -1.4% | -6.4% |
Each panel scores +1, 0 or −1 according to the rule shown on it; the sum gives the regime: +4 or more, Expansion; +2 to +3, Favorable; −1 to +1, Neutral; −2 to −3, Stress; −4 or less, Panic (also when volatility and trend score −1 and fewer than 20% of stocks are above their 50-day average). Breadth uses a fixed group of 60 large European stocks of today, so older readings are slightly optimistic.
Indicators calculated from public closing prices. They describe the general state of the market; they are not a recommendation to buy or sell, nor a forecast, and they don't take any individual investor's situation into account.