Mingdom Alpha
Market RegimeRisk Onbudget: Selective · breadth: Mixed · as of 2026-07-21SPY↑ UptrendQQQ→ PullbackIWM↑ UptrendRSP↑ Uptrend
Market Regime
Risk Onbudget: Selective · breadth: Mixed · as of 2026-07-21
SPY↑ UptrendQQQ→ PullbackIWM↑ UptrendRSP↑ Uptrend
Data Warnings
- Price panel is mixed-date; treat breadth as approximate until prices align.
Market Diagnostics
- 50d and 200d breadth have material disagreement; do not collapse them into one risk-on/off read.
Playbook Policy
Active portfolio exposure target settings.
value proxy leadership is strongest in current benchmark rows.
continuation tape with mixed breadth and selective risk budget.
Reversal permission follows continuation behavior; risk budget is selective.
Extended momentum needs broad, confident risk-on tape.
Use Alpha Rank and RS Rank together when regime and breadth are supportive.
Market Health & Breadth
- 20d EMA BreadthPercentage of active tickers trading above their 20-day Exponential Moving Average (short-term momentum).
- 328 / 618 (53.1%)
- 2 Closes Below 20d EMAPercentage of active tickers with 2 consecutive daily closes below their 20-day EMA (short-term weakness).
- 224 / 618 (36.2%)
- 50d SMA BreadthPercentage of active tickers trading above their 50-day Simple Moving Average (medium-term trend).
- 59.2%
- 200d SMA BreadthPercentage of active tickers trading above their 200-day Simple Moving Average (long-term structural trend).
- 61.4%
- Both 50d & 200dPercentage of active tickers trading above both their 50-day SMA and 200-day SMA.
- 279 / 617 (45.2%)
- 50d / 200d DisagreementPercentage of active tickers with conflicting trend directions (above 50d but below 200d, or vice versa).
- 187 / 617 (30.3%)
- Median 3m ReturnThe midpoint of 3-month trailing returns across the active coverage universe.
- 2.5%
- Return DispersionThe standard deviation or spread of returns across tickers, showing market rotation and polarization.
- 425.3%
Data Freshness
- Latest date
- 2026-07-21
- Stale rows
- 363 / 618 (58.7%)
- Oldest date
- 2026-07-02
ETF Trend Tape
| ETF | Role | State | 1m | 3m | Vs SPY | 20d | 50d | 200d |
|---|---|---|---|---|---|---|---|---|
| SPY | Market Beta | Uptrend | 0.2% | 5.6% | 0.0% | Y | Y | Y |
| QQQ | Growth Beta | Pullback | -4.3% | 9.6% | +4.0% | 2d below | N | Y |
| IWM | Small Cap Risk | Uptrend | 0.3% | 6.9% | +1.3% | Y | Y | Y |
| RSP | Equal Weight Breadth | Uptrend | 1.3% | 4.4% | -1.2% | Y | Y | Y |
| VUG | Growth Style | Pullback | -1.0% | 4.9% | -0.7% | Y | N | Y |
| VTV | Value Style | Uptrend | 1.0% | 7.0% | +1.5% | Y | Y | Y |
| MTUM | Momentum Factor | Pullback | -7.1% | 15.0% | +9.4% | 2d below | N | Y |
| QUAL | Quality Factor | Uptrend | 1.0% | 5.6% | +0.0% | Y | Y | Y |
| USMV | Defensive Factor | Pullback | 2.5% | 1.9% | -3.7% | 2d below | Y | Y |
| SMH | Semiconductor Leadership | Pullback | -11.5% | 25.9% | +20.3% | 2d below | N | Y |
| IGV | Software Leadership | Downtrend | 3.1% | 6.4% | +0.8% | N | N | N |
| XLF | Financials Sector | Uptrend | 4.7% | 6.6% | +1.0% | Y | Y | Y |
| XLI | Industrials Sector | Pullback | -1.2% | 2.7% | -2.8% | 2d below | Y | Y |
| XLY | Discretionary Sector | Downtrend | -2.0% | -4.2% | -9.8% | 2d below | N | N |
| XLP | Staples Sector | Pullback | 0.9% | 2.0% | -3.6% | N | N | Y |
| XLV | Healthcare Sector | Uptrend | 7.3% | 8.7% | +3.1% | Y | Y | Y |
| XLU | Utilities Sector | Pullback | 0.4% | -1.8% | -7.4% | 2d below | Y | Y |
| XLE | Energy Sector | Uptrend | 8.8% | 6.2% | +0.6% | Y | Y | Y |
| HYG | Credit Risk | Downtrend | -0.4% | -1.2% | -6.7% | 2d below | N | N |
| LQD | Credit Quality | Downtrend | -2.0% | -2.9% | -8.5% | 2d below | N | N |
| TLT | Duration Risk Off | Downtrend | -3.6% | -3.9% | -9.5% | 2d below | N | N |
| IEF | Rates Context | Downtrend | -1.1% | -2.6% | -8.2% | 2d below | N | N |
Leading Groups
| Group | 3m | 50d | 200d | N |
|---|---|---|---|---|
| Semiconductors | 14.1% | 15.2% | 90.6% | 33 |
| Financials | 8.3% | 78.3% | 67.4% | 46 |
| Financial Services | 7.5% | 82.4% | 73.5% | 34 |
| Healthcare | 7.5% | 82.6% | 65.2% | 69 |
| Consumer Defensive | 6.5% | 74.3% | 57.1% | 35 |
Lagging Groups
| Group | 3m | 50d | 200d | N |
|---|---|---|---|---|
| Technology | -6.4% | 38.2% | 54.5% | 55 |
| Communication Services | -5.7% | 44.8% | 37.9% | 29 |
| Energy | -3.5% | 52.0% | 72.0% | 25 |
| Consumer Cyclical | -2.3% | 59.0% | 44.3% | 61 |
| Utilities | -2.1% | 67.6% | 73.5% | 34 |
Computed Labels
| Label | Value | Reason |
|---|---|---|
| Risk budget | Selective | - |
| Market risk | Risk On | - |
| Breadth state | Mixed | - |
| Continuation | Selective | continuation tape with mixed breadth and selective risk budget. |
| Reversal | Selective | Reversal permission follows continuation behavior; risk budget is selective. |
| Extended momentum | Selective | Extended momentum needs broad, confident risk-on tape. |
| Style | Value | value proxy leadership is strongest in current benchmark rows. |
| Trust | Selective Cross Check | Use Alpha Rank and RS Rank together when regime and breadth are supportive. |
Alpha Rank
Ranked by market RS. Core score remains visible as a secondary lens. · 20 shown · as of 2026-07-21 · filter: any RS.
Filters
| #Displayed row position. | Ticker | CoreCore: pure Alpha model score. Click to sort Core first; the default table order is RS first. | RSRS Rank: pure stock-vs-market relative strength percentile. Click to sort. | BusinessClick sector or industry to filter peers. Click again to clear that facet. |
|---|---|---|---|---|
| 1↓-2 (prior: #4) | DDOGDatadog, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen DDOG on Seeking Alpha in a new tab.52-Week Range Position: 87%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Datadog, Inc.TechnologySoftware - ApplicationCore 10.6RS 98.2 | 10.6 | 98.2 | Datadog, Inc.TechnologySoftware - Application |
| 2↓-6 (prior: #22) | SNOWSnowflake Inc.Sector: TechnologyIndustry: Software - ApplicationOpen SNOW on Seeking Alpha in a new tab.52-Week Range Position: 92%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Snowflake Inc.TechnologySoftware - ApplicationCore 28.0RS 94.7 | 28.0 | 94.7 | Snowflake Inc.TechnologySoftware - Application |
| 3↓-14 (prior: #129) | MTCHMatch Group, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen MTCH on Seeking Alpha in a new tab.52-Week Range Position: 81%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Match Group, Inc.TechnologySoftware - ApplicationCore 71.4RS 76.2 | 71.4 | 76.2 | Match Group, Inc.TechnologySoftware - Application |
| 4↓-89 (prior: #59) | COMPCompass, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen COMP on Seeking Alpha in a new tab.52-Week Range Position: 67%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Compass, Inc.TechnologySoftware - ApplicationCore 80.0RS 75.4 | 80.0 | 75.4 | Compass, Inc.TechnologySoftware - Application |
| 5newNew to list | BILLBill.com Holdings, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen BILL on Seeking Alpha in a new tab.52-Week Range Position: 50%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Bill.com Holdings, Inc.TechnologySoftware - ApplicationCore 85.6RS 48.1 | 85.6 | 48.1 | Bill.com Holdings, Inc.TechnologySoftware - Application |
| 6newNew to list | TEAMAtlassian CorporationSector: TechnologyIndustry: Software - ApplicationOpen TEAM on Seeking Alpha in a new tab.52-Week Range Position: 23%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Atlassian CorporationTechnologySoftware - ApplicationCore 81.3RS 44.2 | 81.3 | 44.2 | Atlassian CorporationTechnologySoftware - Application |
| 7newNew to list | LYFTLyft, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen LYFT on Seeking Alpha in a new tab.52-Week Range Position: 21%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Lyft, Inc.TechnologySoftware - ApplicationCore 80.0RS 30.4 | 80.0 | 30.4 | Lyft, Inc.TechnologySoftware - Application |
| 8newNew to list | WDAYWorkday, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen WDAY on Seeking Alpha in a new tab.52-Week Range Position: 22%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Workday, Inc.TechnologySoftware - ApplicationCore 88.4RS 28.3 | 88.4 | 28.3 | Workday, Inc.TechnologySoftware - Application |
| 9newNew to list | UUnity Software Inc.Sector: TechnologyIndustry: Software - ApplicationOpen U on Seeking Alpha in a new tab.52-Week Range Position: 37%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Unity Software Inc.TechnologySoftware - ApplicationCore 37.2RS 27.8 | 37.2 | 27.8 | Unity Software Inc.TechnologySoftware - Application |
| 10newNew to list | NOWServiceNow, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen NOW on Seeking Alpha in a new tab.52-Week Range Position: 16%. Current price location relative to the 52-week low (0%) and 52-week high (100%).ServiceNow, Inc.TechnologySoftware - ApplicationCore 35.7RS 25.9 | 35.7 | 25.9 | ServiceNow, Inc.TechnologySoftware - Application |
| 11newNew to list | UBERUber Technologies, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen UBER on Seeking Alpha in a new tab.52-Week Range Position: 13%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Uber Technologies, Inc.TechnologySoftware - ApplicationCore 89.0RS 20.1 | 89.0 | 20.1 | Uber Technologies, Inc.TechnologySoftware - Application |
| 12newNew to list | SHOPShopify Inc.Sector: TechnologyIndustry: Software - ApplicationOpen SHOP on Seeking Alpha in a new tab.52-Week Range Position: 33%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Shopify Inc.TechnologySoftware - ApplicationCore 2.5RS 17.1 | 2.5 | 17.1 | Shopify Inc.TechnologySoftware - Application |
| 13newNew to list | ADBEAdobe Inc.Sector: TechnologyIndustry: Software - ApplicationOpen ADBE on Seeking Alpha in a new tab.52-Week Range Position: 20%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Adobe Inc.TechnologySoftware - ApplicationCore 84.5RS 15.9 | 84.5 | 15.9 | Adobe Inc.TechnologySoftware - Application |
| 14newNew to list | CRMSalesforce, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen CRM on Seeking Alpha in a new tab.52-Week Range Position: 19%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Salesforce, Inc.TechnologySoftware - ApplicationCore 82.2RS 15.0 | 82.2 | 15.0 | Salesforce, Inc.TechnologySoftware - Application |
| 15newNew to list | HUBSHubSpot, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen HUBS on Seeking Alpha in a new tab.52-Week Range Position: 12%. Current price location relative to the 52-week low (0%) and 52-week high (100%).HubSpot, Inc.TechnologySoftware - ApplicationCore 94.3RS 14.0 | 94.3 | 14.0 | HubSpot, Inc.TechnologySoftware - Application |
| 16newNew to list | APPAppLovin CorporationSector: TechnologyIndustry: Software - ApplicationOpen APP on Seeking Alpha in a new tab.52-Week Range Position: 21%. Current price location relative to the 52-week low (0%) and 52-week high (100%).AppLovin CorporationTechnologySoftware - ApplicationCore 20.5RS 13.2 | 20.5 | 13.2 | AppLovin CorporationTechnologySoftware - Application |
| 17newNew to list | PTCPTC Inc.Sector: TechnologyIndustry: Software - ApplicationOpen PTC on Seeking Alpha in a new tab.52-Week Range Position: 11%. Current price location relative to the 52-week low (0%) and 52-week high (100%).PTC Inc.TechnologySoftware - ApplicationCore 88.9RS 11.4 | 88.9 | 11.4 | PTC Inc.TechnologySoftware - Application |
| 18newNew to list | TTDThe Trade Desk, Inc.Sector: TechnologyIndustry: Software - ApplicationOpen TTD on Seeking Alpha in a new tab.52-Week Range Position: 2%. Current price location relative to the 52-week low (0%) and 52-week high (100%).The Trade Desk, Inc.TechnologySoftware - ApplicationCore 86.6RS 4.0 | 86.6 | 4.0 | The Trade Desk, Inc.TechnologySoftware - Application |
| 19newNew to list | INTUIntuit Inc.Sector: TechnologyIndustry: Software - ApplicationOpen INTU on Seeking Alpha in a new tab.52-Week Range Position: 7%. Current price location relative to the 52-week low (0%) and 52-week high (100%).Intuit Inc.TechnologySoftware - ApplicationCore 84.3RS 3.6 | 84.3 | 3.6 | Intuit Inc.TechnologySoftware - Application |
| 20 | GRABGrab Holdings LimitedSector: TechnologyIndustry: Software - ApplicationOpen GRAB on Seeking Alpha in a new tab.Grab Holdings LimitedTechnologySoftware - ApplicationCore 72.3RS - | 72.3 | - | Grab Holdings LimitedTechnologySoftware - Application |