SteadyTapeQuantitative Market Research

Breakaway Momentum (BAM)

BAM at 1.03 — no thrust setup

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10D advancers/decliners ratio >= 1.97 — Walter Deemer breadth thrust.

Source
BREADTH_BASKET proxy (531 tickers)
10D BAM
1.027
Threshold
1.97
Triggers (all-time)
33
Days Since Last
394
As of
2026-06-05

When to run this study

Run after sharp market recoveries. BAM requires 10-day summed NYSE advances divided by 10-day summed declines >= 1.97 — extremely rare, historically never followed by a negative 6-12 month return for SPY.

Historical results

BAM Triggers

Trigger DateBAMSPY3M6M1Y
2025-05-052.01557.1211.7721.9631.72
2025-01-271.99590.80-7.826.6217.39
2024-08-212.00549.075.627.2116.03
2023-03-311.98393.968.815.1328.71
2022-10-282.22371.234.976.509.19
2022-07-281.98385.91-5.540.7714.58
2022-03-282.12431.42-16.15-19.62-10.48
2020-10-072.04315.8811.7321.6730.54
2020-06-052.06293.558.6315.7934.33
2019-09-111.97271.794.91-16.5813.42
2019-01-092.28231.3712.2517.1029.02
2017-06-012.08211.031.589.0214.57
2016-07-112.08182.251.287.2815.80
2016-02-262.19164.907.8612.7524.15
2015-10-122.22169.32-3.334.378.19

Showing 15 of 33 rows — see the live version for all.