# Breadth, Sentiment & External Data

> Market internals, positioning, options-derived data, crypto-native and macro feeds.

Price shows what the market did; sentiment and breadth show who was behind the move. The tools gathered here measure participation and positioning: how many stocks are advancing, which groups lead, what option prices imply about volatility and hedging demand, where futures traders and funds are positioned, what surveys and composite gauges say about the mood, and how yields, credit, and the dollar frame everything else. Crypto adds its own layer, since funding rates, open interest, and on-chain data expose positioning with unusual transparency.

Most of these readings are context rather than triggers. Broad participation tends to confirm a trend, while narrowing breadth, stretched positioning, or extreme sentiment mark conditions where reversals become more likely. Their timing value is contested, so they are best read together, raising or lowering confidence in price-based signals.

## Breadth

Measures how much of the market is participating in a move, from advance/decline data and up/down volume to thrust signals and the share of stocks above key moving averages.

- [Advance/decline Internals](https://www.luxalgo.com/library/concept/advance-decline-internals.md): 1 implementations
- [Up/down Volume](https://www.luxalgo.com/library/concept/up-down-volume.md): 1 implementations
- [TICK Index](https://www.luxalgo.com/library/concept/tick-index.md): 1 implementations
- [% Stocks Above 20/50/200-day MA](https://www.luxalgo.com/library/concept/percent-stocks-above-20-50-200-day-ma.md): 1 implementations
- [New Highs − New Lows](https://www.luxalgo.com/library/concept/new-highs-new-lows.md): 1 implementations
- [Equal-weight vs Cap-weight Ratio](https://www.luxalgo.com/library/concept/equal-weight-vs-cap-weight-ratio.md): 1 implementations
- [Participation Divergence at Index Highs](https://www.luxalgo.com/library/concept/participation-divergence-at-index-highs.md): 1 implementations
- [TRIN](https://www.luxalgo.com/library/concept/trin.md): reference entry
- [McClellan Oscillator](https://www.luxalgo.com/library/concept/mcclellan-oscillator.md): build pending
- [Breadth Thrusts](https://www.luxalgo.com/library/concept/breadth-thrusts.md): build pending
- [Sector Breadth](https://www.luxalgo.com/library/concept/sector-breadth.md): build pending
- [Breadth Omens](https://www.luxalgo.com/library/concept/breadth-omens.md): build pending

## Relative strength & rotation

Compares one instrument's performance against another to find leadership and lag, through ratio charts, rotation frameworks, and currency strength meters.

- [Relative Strength Comparative](https://www.luxalgo.com/library/concept/relative-strength-comparative.md): 3 implementations
- [Ratio Charts](https://www.luxalgo.com/library/concept/ratio-charts.md): 2 implementations
- [Relative Rotation Graphs](https://www.luxalgo.com/library/concept/relative-rotation-graphs.md): 1 implementations
- [Currency Strength Meter](https://www.luxalgo.com/library/concept/currency-strength-meter.md): 1 implementations
- [Sector Rotation Model](https://www.luxalgo.com/library/concept/sector-rotation-model.md): build pending

## Options-derived

Extracts expectations and hedging pressure from the options market, spanning put/call ratios, the VIX complex, and positioning estimates like gamma exposure and strike walls.

- [Put/call Ratio](https://www.luxalgo.com/library/concept/put-call-ratio.md): 1 implementations
- [Implied Volatility](https://www.luxalgo.com/library/concept/implied-volatility.md): 1 implementations
- [VIX](https://www.luxalgo.com/library/concept/vix.md): build pending
- [VIX Term Structure](https://www.luxalgo.com/library/concept/vix-term-structure.md): reference entry
- [VVIX](https://www.luxalgo.com/library/concept/vvix.md): reference entry
- [SKEW Index](https://www.luxalgo.com/library/concept/skew-index.md): reference entry
- [Gamma Exposure](https://www.luxalgo.com/library/concept/gamma-exposure.md): build pending
- [Max Pain](https://www.luxalgo.com/library/concept/max-pain.md): reference entry
- [Strike Walls](https://www.luxalgo.com/library/concept/strike-walls.md): reference entry
- [0DTE Flow Effects](https://www.luxalgo.com/library/concept/0dte-flow-effects.md): reference entry
- [Risk Reversals](https://www.luxalgo.com/library/concept/risk-reversals.md): reference entry
- [Vanna/charm Flows](https://www.luxalgo.com/library/concept/vanna-charm-flows.md): reference entry

## Positioning & flows

Tracks who holds what and where money is moving, from COT reports and short interest to insider transactions, buybacks, and fund flows.

- [COT Analysis](https://www.luxalgo.com/library/concept/cot-analysis.md): build pending
- [Margin Debt](https://www.luxalgo.com/library/concept/margin-debt.md): reference entry
- [Short Interest](https://www.luxalgo.com/library/concept/short-interest.md): reference entry
- [Insider Transactions](https://www.luxalgo.com/library/concept/insider-transactions.md): reference entry
- [Buyback Flows](https://www.luxalgo.com/library/concept/buyback-flows.md): reference entry
- [Fund Flows](https://www.luxalgo.com/library/concept/fund-flows.md): reference entry
- [13F Concentration](https://www.luxalgo.com/library/concept/13f-concentration.md): reference entry
- [Dark Pool Prints](https://www.luxalgo.com/library/concept/dark-pool-prints.md): reference entry
- [Odd-lot Activity](https://www.luxalgo.com/library/concept/odd-lot-activity.md): reference entry

## Surveys & composite sentiment

Reads the mood directly through investor surveys, composite gauges like fear and greed indexes, and contrarian curiosities such as the magazine-cover signal.

- [Sentiment Surveys](https://www.luxalgo.com/library/concept/sentiment-surveys.md): reference entry
- [Fear & Greed Index](https://www.luxalgo.com/library/concept/fear-and-greed-index.md): build pending
- [Alternative Sentiment Data](https://www.luxalgo.com/library/concept/alternative-sentiment-data.md): reference entry
- [Analyst Revision Breadth](https://www.luxalgo.com/library/concept/analyst-revision-breadth.md): reference entry
- [Magazine-cover Indicator](https://www.luxalgo.com/library/concept/magazine-cover-indicator.md): reference entry

## Crypto-native

Collects the tools for reading crypto positioning and valuation, from perpetual funding rates, open interest, and liquidation maps to on-chain metrics and cycle models.

- [Liquidation Clusters](https://www.luxalgo.com/library/concept/liquidation-clusters.md): 5 implementations
- [Open Interest](https://www.luxalgo.com/library/concept/open-interest.md): 3 implementations
- [On-chain Valuation Suite](https://www.luxalgo.com/library/concept/on-chain-valuation-suite.md): 3 implementations
- [Crypto Cycle Models](https://www.luxalgo.com/library/concept/crypto-cycle-models.md): 3 implementations
- [Exchange & Stablecoin Flows](https://www.luxalgo.com/library/concept/exchange-and-stablecoin-flows.md): 2 implementations
- [Power-law Growth Curves](https://www.luxalgo.com/library/concept/power-law-growth-curves.md): 1 implementations
- [Whale-wallet Tracking](https://www.luxalgo.com/library/concept/whale-wallet-tracking.md): 1 implementations
- [Funding Rate](https://www.luxalgo.com/library/concept/funding-rate.md): build pending
- [Futures Basis](https://www.luxalgo.com/library/concept/futures-basis.md): reference entry
- [Long/short Account Ratio](https://www.luxalgo.com/library/concept/long-short-account-ratio.md): build pending
- [NVT Ratio](https://www.luxalgo.com/library/concept/nvt-ratio.md): build pending
- [MVRV](https://www.luxalgo.com/library/concept/mvrv.md): build pending
- [SOPR](https://www.luxalgo.com/library/concept/sopr.md): build pending

## Macro/intermarket

Sets the cross-asset backdrop, reading yield curves, credit spreads, real yields, and dollar correlations for the regime that price action is trading inside.

- [DXY Correlation Regimes](https://www.luxalgo.com/library/concept/dxy-correlation-regimes.md): 1 implementations
- [Intermarket Analysis](https://www.luxalgo.com/library/concept/intermarket-analysis.md): 1 implementations
- [Yield Curve](https://www.luxalgo.com/library/concept/yield-curve.md): reference entry
- [Credit Spreads](https://www.luxalgo.com/library/concept/credit-spreads.md): reference entry
- [Real Yields](https://www.luxalgo.com/library/concept/real-yields.md): reference entry
- [Macro Event Playbooks](https://www.luxalgo.com/library/concept/macro-event-playbooks.md): reference entry
- [ES Fair-value Basis](https://www.luxalgo.com/library/concept/es-fair-value-basis.md): reference entry

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Source: https://www.luxalgo.com/library/family/sentiment-breadth/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/
