Market breadth within the S&P 500 (SP500) has weakened in recent weeks, even as the benchmark index remains above a key long-term technical threshold. According to current market data, 205 companies in the index are trading below their respective 200-day moving averages, representing roughly 41% of S&P 500 constituents.
The 200-day moving average is widely followed by investors as an indicator of a stock’s long-term trend and overall market health. A growing number of stocks falling beneath that level can signal deteriorating momentum beneath the surface, even when headline indexes appear relatively resilient.
While the broader S&P 500 continues to hold above its own 200-day moving average, the index has slipped below its shorter-term 20-day moving average amid a recent bout of market volatility. The move highlights increasing near-term selling pressure following the latest market pullback.
The divergence between the index and a significant portion of its underlying components suggests that weakness has become more widespread, with investors closely monitoring whether market breadth stabilizes or continues to deteriorate in the weeks ahead.
Below are the 10 S&P 500 stocks trading furthest below their respective 200-day moving averages.
- Intuit (INTU), 46.79% below 200-day MA
- Toronto-Dominion Bank (TD), 43.40% below 200-day MA
- Baxter International (BAX), 41.76% below 200-day MA
- PDD Holdings (PDD), 41.15% below 200-day MA
- CoStar Group (CSGP), 40.85% below 200-day MA
- Tractor Supply (TSCO), 37.46% below 200-day MA
- Church & Dwight (CHD), 35.31% below 200-day MA
- Coinbase Global (COIN), 34.88% below 200-day MA
- Zoetis (ZTS), 33.37% below 200-day MA
- Fidelity National Information Services (FIS), 30.77% below 200-day MA
S&P 500 Funds: (SPY), (VOO), (IVV), (RSP), (SSO), (UPRO), (SH), (SDS), (SPXU), (FXAIX), (VFIAX), (VFFSX), and (SWPPX).
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