SteadyTapeQuantitative Market Research

Near-ATH Decline

SPY: 4 consecutive down weeks — signal threshold (4w) breached

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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
8
since 1993-01-01
3M Avg
+3.4%
88% win rate
6M Avg
+4.3%
75% win rate
200D MA Status
Above 200D MA
$681.56
Above MA
4
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 (8 total)

DateCloseATHDays from ATH% from ATHRegime1W Ret%2W Ret%1M Ret%3M Ret%6M Ret%
2026-03-20648.57692.1837-6.30Below MA1.050.71-0.544.839.73
2025-03-14554.76600.9817-7.69Below MA0.77-0.320.480.61-6.04
2020-09-25304.73323.6916-5.86Above MA1.661.112.535.840.45
2019-08-23257.85273.3820-5.68Above MA1.110.712.715.773.42
2019-05-31247.97264.8719-6.38Below MA-0.251.913.466.468.49
2014-10-17155.22165.3021-6.09Below MA0.972.973.437.369.97
1998-08-1465.5173.1919-10.49Above MA2.1243.12-6.39-2.72
1997-04-044649.0632-6.22Above MA0.391.11-0.082.6010.75