SteadyTapeQuantitative Market Research

January ATH-Close Barometer

January 2026 closed at a fresh ATH (close $688.31) -- historically strong follow-through over 3M/6M/RoY horizons. Median 6 months forward: +5.5%. Historical edge after January ATH close: 3M median +4.0% WR 62% (n=8); 6M median +5.5% WR 100% (n=8); RoY median +13.9% WR 88% (n=8). Use the close as a floor reference.

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When January closes at a fresh all-time high, historical RoY returns are 76.5% positive (n=17, holdout WR 80%). 6M edge also positive (75% holdout). Earlier-in-year sister to the April ATH-close barometer.

January ATH-close
YES
3M edge
med +4.0% / WR 62% (n=8)
6M edge
med +5.5% / WR 100% (n=8)
RoY edge
med +13.9% / WR 88% (n=8)

When to run this study

Run after January closes. The signal finalizes on the last trading day of January when SPX records a fresh all-time-high month-end close. RoY 76.5% train / 80.0% holdout WR. Use the close as a floor reference through year-end.

Historical results

January ATH-Close Years -- All Horizons

YearSig DateClose3M6MRoY
20252025-01-31591.69-6.084.9714.64
20242024-01-31468.744.9111.0622.93
20182018-01-31247.48-6.471.03-9.66
20172017-01-31195.945.279.7619.57
20132013-01-31118.888.2815.3125.86
20072007-01-31100.535.013.533.59
20062006-01-3187.553.071.3013.13
20052005-01-3179.73-0.936.117.23