SteadyTapeQuantitative Market Research

Breadth Oscillator

Median 1M return: +2.3%, 69% win rate.

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McClellan Oscillator + Summation Index from universe-proxy A/D — breadth capitulation events.

As of
2026-06-05
Oscillator
-0.0050
Summation
-0.3
MA Regime
Above 200D MA
Oversold Signals
173
Overbought Signals
130
1M Median (OS)
+2.3%
1M Win Rate (OS)
69%

When to run this study

Run when you suspect broad market stress or euphoria. Oversold readings (oscillator < -0.05) historically precede short-term bounces, especially when accompanied by elevated VIX. Overbought readings (> +0.05) signal exhaustion risk. Pairs well with confluence signals study.

Historical results

Oversold Signals — Forward Returns (N=173)

PeriodNWin%AvgMedianBestWorst
1W17364.700.640.9511.25-19.79
2W17367.601.341.7814.74-15.52
1M17369.401.802.3223.35-24.14
3M17174.904.665.3638.38-15.17
6M17181.307.899.1646.95-32.71