SteadyTapeQuantitative Market Research

Near-ATH Decline

SPY: 3 consecutive down weeks — approaching threshold (4w)

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N consecutive down weeks within X days of an all-time high. Identifies fresh weakness off the highs with elevated mean-reversion odds.

Signals Found
7
since 1993-01-01
3M Avg
+4.7%
100% win rate
6M Avg
+3.3%
71% win rate
200D MA Status
Above 200D MA
$693.85
Above MA
3
4 below

When to run this study

Best run after 3-4 consecutive down weeks following a recent all-time high. Most relevant during early-stage corrections — helps frame whether the pullback is a normal dip or the start of a larger decline based on 200D MA regime.

Historical results

All Qualifying Events (7 total)

DateCloseATHDays from ATH% from ATHRegime1W Ret%2W Ret%1M Ret%3M Ret%6M Ret%
2026-03-20646.90690.4037-6.30Below MA1.050.71-0.544.839.73
2025-03-14553.34599.4417-7.69Below MA0.77-0.320.480.61-6.04
2020-09-25303.94322.8516-5.86Above MA1.661.112.535.840.45
2019-08-23257.19272.6820-5.68Above MA1.110.712.715.773.42
2019-05-31247.34264.1919-6.38Below MA-0.251.913.466.468.49
2014-10-17154.82164.8721-6.09Below MA0.972.973.437.369.97
2006-04-1488.7390.056-1.46Above MA1.551.741.902.06-2.75