SteadyTapeQuantitative Market Research

Breakaway Momentum (BAM)

BAM at 0.98 — no thrust setup

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

Source
BREADTH_BASKET proxy (535 tickers)
10D BAM
0.978
Threshold
1.97
Triggers (all-time)
25
Days Since Last
441
As of
2026-07-20

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
2025-05-052.00555.6911.7721.9631.72
2025-01-271.98589.28-7.826.6217.39
2024-08-212.00547.665.627.2116.03
2022-10-282.21370.274.976.509.19
2022-07-281.98384.92-5.540.7714.58
2022-03-282.12430.31-16.15-19.62-10.48
2020-10-072.03315.0711.7321.6730.54
2020-06-052.06292.808.6315.7934.33
2019-01-092.29230.7712.2517.1029.02
2017-06-012.08210.481.589.0214.57
2016-07-112.08181.781.287.2815.80
2016-02-262.19164.477.8612.7524.15
2015-10-122.23168.89-3.334.378.19
2014-08-212.20163.123.356.951.11
2014-02-182.48149.272.898.1116.28

Showing 15 of 25 rows — see the live version for all.