Deviation Watch
Stocks that strayed furthest from their 200-day moving average.
Long-term prices oscillate around the 200-day trendline. Our backtest in this post shows the alpha is concentrated on the downside — finding names that have lagged the trend tends to pay better than chasing the ones that have run hot. Both lists are kept here for completeness; the right-hand column is where we look first.
Market Breadth
2026-09-04 · 217 stocksThe same nightly snapshot, aggregated. The two lists below show the extremes; this shows where the whole universe sits relative to its 200-day average.
10th percentile -12% · 90th percentile +20%
Overextended
Trading well above the 200-day average. Historical evidence: long-side trend signals fade over 20-60 days.
Snapshot: 2026-09-04
Depressed
Trading well below the 200-day average. Where the short-side alpha tends to live in our 2025 sample.
Snapshot: 2026-09-04
*Deviation = (close − MA200) / MA200, computed nightly across the S&P 500 + Nasdaq 100 common-stock universe. ETFs and other funds are excluded — products like UVXY decay structurally and would permanently occupy the depressed list. Past performance does not guarantee future results.
Pattern Vista is a technical-analysis research tool. Everything on this page is automated pattern detection and historical statistics published for educational purposes. It is not investment advice, not a recommendation to buy or sell any security, and past performance does not indicate future results. Full disclaimer