Stock Regimes
Major swings and moving-average trends across the full price history, with each period compared to the S&P 500.
Symbol
AD.US
Window
1988-05-04 – 2026-11-06
Min reversal 20%
Regimes
78
Current regime
Drawdown
since 2026-05-08 · -31.9%
Stock return
+409.7%
S&P 500
+2,733.8%
Excess
-2,324.1%
Price history
Green bands are rallies and red bands are drawdowns. A swing is confirmed when price reverses by at least 20%.
Close
Rally
Drawdown
Versus the S&P 500
Both series are rebased to 100 at the first date they share in this window. Returns are price returns from adjusted closes, not dividend total return.
AD.US
S&P 500
Regimes
| Direction | Start | End | Trading days | Start price | End price | Stock | S&P 500 | Excess |
|---|---|---|---|---|---|---|---|---|
| Rally | 1988-05-04 | 1989-06-07 | 277 | $5.88 | $15.98 | +171.7% | +25.6% | +146.1% |
| Drawdown | 1989-06-07 | 1989-08-03 | 41 | $15.98 | $11.47 | -28.2% | +5.4% | -33.7% |
| Rally | 1989-08-03 | 1989-10-10 | 48 | $11.47 | $14.21 | +23.9% | +4.2% | +19.8% |
| Drawdown | 1989-10-10 | 1990-04-30 | 140 | $14.21 | $8.53 | -40.0% | -7.9% | -32.1% |
| Rally | 1990-04-30 | 1990-06-06 | 27 | $8.53 | $11.37 | +33.3% | +10.3% | +23.0% |
| Drawdown | 1990-06-06 | 1990-10-30 | 103 | $11.37 | $5.00 | -56.0% | -16.7% | -39.3% |
| Rally | 1990-10-30 | 1990-12-20 | 37 | $5.00 | $8.19 | +63.7% | +8.6% | +55.2% |
| Drawdown | 1990-12-20 | 1991-01-30 | 28 | $8.19 | $5.88 | -28.1% | +3.3% | -31.4% |
| Rally | 1991-01-30 | 1991-04-18 | 55 | $5.88 | $9.66 | +64.2% | +13.9% | +50.2% |
| Drawdown | 1991-04-18 | 1991-06-28 | 51 | $9.66 | $6.52 | -32.5% | -4.5% | -28.0% |
| Rally | 1991-06-28 | 1992-03-20 | 185 | $6.52 | $9.46 | +45.1% | +10.8% | +34.3% |
| Drawdown | 1992-03-20 | 1992-10-29 | 156 | $9.46 | $6.96 | -26.4% | +2.3% | -28.7% |
| Rally | 1992-10-29 | 1993-10-15 | 244 | $6.96 | $15.34 | +120.4% | +11.6% | +108.9% |
| Drawdown | 1993-10-15 | 1994-07-11 | 185 | $15.34 | $9.02 | -41.2% | -4.6% | -36.6% |
| Rally | 1994-07-11 | 1996-02-05 | 399 | $9.02 | $14.46 | +60.3% | +43.2% | +17.2% |
| Drawdown | 1996-02-05 | 1997-04-24 | 309 | $14.46 | $9.21 | -36.3% | +20.2% | -56.5% |
| Rally | 1997-04-24 | 1997-09-30 | 111 | $9.21 | $14.46 | +56.9% | +22.8% | +34.1% |
| Drawdown | 1997-09-30 | 1998-02-09 | 91 | $14.46 | $11.00 | -23.9% | +6.7% | -30.6% |
| Rally | 1998-02-09 | 1999-11-29 | 456 | $11.00 | $47.25 | +329.4% | +39.3% | +290.1% |
| Drawdown | 1999-11-29 | 2000-01-06 | 28 | $47.25 | $31.86 | -32.6% | -0.3% | -32.3% |
| Rally | 2000-01-06 | 2000-01-21 | 11 | $31.86 | $40.29 | +26.5% | +2.7% | +23.8% |
| Drawdown | 2000-01-21 | 2000-02-15 | 18 | $40.29 | $22.01 | -45.4% | -2.7% | -42.6% |
| Rally | 2000-02-15 | 2000-08-22 | 132 | $22.01 | $30.10 | +36.7% | +6.9% | +29.9% |
| Drawdown | 2000-08-22 | 2000-10-17 | 40 | $30.10 | $21.10 | -29.9% | -9.9% | -20.0% |
| Rally | 2000-10-17 | 2001-02-01 | 74 | $21.10 | $26.68 | +26.5% | +1.7% | +24.7% |
| Drawdown | 2001-02-01 | 2002-08-05 | 376 | $26.68 | $9.10 | -65.9% | -39.2% | -26.7% |
| Rally | 2002-08-05 | 2002-08-27 | 17 | $9.10 | $12.90 | +41.8% | +12.0% | +29.8% |
| Drawdown | 2002-08-27 | 2002-10-09 | 31 | $12.90 | $9.55 | -26.0% | -16.9% | -9.1% |
| Rally | 2002-10-09 | 2002-10-17 | 7 | $9.55 | $11.96 | +25.2% | +13.2% | +12.0% |
| Drawdown | 2002-10-17 | 2003-03-12 | 100 | $11.96 | $8.54 | -28.6% | -8.5% | -20.1% |
| Rally | 2003-03-12 | 2004-02-17 | 236 | $8.54 | $16.94 | +98.4% | +43.9% | +54.6% |
| Drawdown | 2004-02-17 | 2004-05-03 | 54 | $16.94 | $12.86 | -24.1% | -3.4% | -20.7% |
| Rally | 2004-05-03 | 2007-07-12 | 804 | $12.86 | $40.43 | +214.3% | +38.5% | +175.8% |
| Drawdown | 2007-07-12 | 2007-08-09 | 21 | $40.43 | $31.67 | -21.7% | -6.1% | -15.6% |
| Rally | 2007-08-09 | 2007-09-05 | 19 | $31.67 | $40.87 | +29.1% | +1.3% | +27.7% |
| Drawdown | 2007-09-05 | 2008-04-14 | 153 | $40.87 | $19.77 | -51.6% | -9.8% | -41.9% |
| Rally | 2008-04-14 | 2008-05-15 | 24 | $19.77 | $25.82 | +30.6% | +7.2% | +23.4% |
| Drawdown | 2008-05-15 | 2008-10-10 | 104 | $25.82 | $11.21 | -56.6% | -36.8% | -19.7% |
| Rally | 2008-10-10 | 2008-10-13 | 2 | $11.21 | $14.67 | +30.8% | +11.6% | +19.2% |
| Drawdown | 2008-10-13 | 2008-10-24 | 10 | $14.67 | $11.68 | -20.3% | -12.6% | -7.7% |
| Rally | 2008-10-24 | 2008-11-04 | 8 | $11.68 | $15.79 | +35.1% | +14.7% | +20.4% |
| Drawdown | 2008-11-04 | 2008-11-20 | 13 | $15.79 | $11.22 | -28.9% | -25.2% | -3.8% |
| Rally | 2008-11-20 | 2009-02-13 | 58 | $11.22 | $18.46 | +64.6% | +9.9% | +54.7% |
| Drawdown | 2009-02-13 | 2009-03-06 | 15 | $18.46 | $11.90 | -35.6% | -17.4% | -18.2% |
| Rally | 2009-03-06 | 2009-06-01 | 60 | $11.90 | $17.44 | +46.6% | +38.0% | +8.6% |
| Drawdown | 2009-06-01 | 2009-08-14 | 54 | $17.44 | $13.47 | -22.8% | +6.5% | -29.3% |
| Rally | 2009-08-14 | 2011-04-01 | 412 | $13.47 | $20.39 | +51.4% | +32.7% | +18.7% |
| Drawdown | 2011-04-01 | 2011-08-08 | 89 | $20.39 | $14.14 | -30.6% | -16.0% | -14.6% |
| Rally | 2011-08-08 | 2012-02-21 | 136 | $14.14 | $18.87 | +33.4% | +21.7% | +11.7% |
| Drawdown | 2012-02-21 | 2012-11-08 | 182 | $18.87 | $13.24 | -29.8% | +1.1% | -31.0% |
| Rally | 2012-11-08 | 2013-10-28 | 244 | $13.24 | $22.31 | +68.5% | +27.9% | +40.6% |
| Drawdown | 2013-10-28 | 2014-10-10 | 241 | $22.31 | $14.60 | -34.6% | +8.2% | -42.7% |
| Rally | 2014-10-10 | 2015-11-02 | 268 | $14.60 | $19.82 | +35.8% | +10.4% | +25.4% |
| Drawdown | 2015-11-02 | 2016-01-21 | 55 | $19.82 | $15.75 | -20.6% | -11.2% | -9.4% |
| Rally | 2016-01-21 | 2016-04-01 | 50 | $15.75 | $20.97 | +33.2% | +10.9% | +22.3% |
| Drawdown | 2016-04-01 | 2016-11-14 | 159 | $20.97 | $15.53 | -25.9% | +4.4% | -30.4% |
| Rally | 2016-11-14 | 2017-01-03 | 34 | $15.53 | $20.88 | +34.4% | +4.3% | +30.1% |
| Drawdown | 2017-01-03 | 2018-02-22 | 287 | $20.88 | $14.98 | -28.3% | +19.8% | -48.0% |
| Rally | 2018-02-22 | 2018-04-25 | 44 | $14.98 | $18.97 | +26.6% | -2.4% | +29.0% |
| Drawdown | 2018-04-25 | 2018-07-25 | 64 | $18.97 | $15.00 | -20.9% | +7.8% | -28.8% |
| Rally | 2018-07-25 | 2019-01-24 | 126 | $15.00 | $27.00 | +80.0% | -7.2% | +87.2% |
| Drawdown | 2019-01-24 | 2020-03-12 | 286 | $27.00 | $11.57 | -57.1% | -6.1% | -51.0% |
| Rally | 2020-03-12 | 2020-08-27 | 118 | $11.57 | $16.88 | +45.9% | +40.5% | +5.4% |
| Drawdown | 2020-08-27 | 2020-10-28 | 44 | $16.88 | $12.98 | -23.1% | -6.1% | -17.0% |
| Rally | 2020-10-28 | 2021-06-11 | 156 | $12.98 | $18.19 | +40.1% | +29.9% | +10.3% |
| Drawdown | 2021-06-11 | 2022-02-23 | 178 | $18.19 | $12.02 | -33.9% | -0.5% | -33.4% |
| Rally | 2022-02-23 | 2022-04-13 | 36 | $12.02 | $14.82 | +23.3% | +5.2% | +18.0% |
| Drawdown | 2022-04-13 | 2022-10-07 | 123 | $14.82 | $11.75 | -20.7% | -18.1% | -2.6% |
| Rally | 2022-10-07 | 2022-10-28 | 16 | $11.75 | $14.27 | +21.5% | +7.2% | +14.3% |
| Drawdown | 2022-10-28 | 2022-12-08 | 29 | $14.27 | $8.88 | -37.8% | +1.6% | -39.4% |
| Rally | 2022-12-08 | 2023-02-17 | 49 | $8.88 | $11.96 | +34.6% | +2.9% | +31.7% |
| Drawdown | 2023-02-17 | 2023-06-01 | 72 | $11.96 | $6.51 | -45.6% | +3.5% | -49.1% |
| Rally | 2023-06-01 | 2023-12-01 | 128 | $6.51 | $21.88 | +236.3% | +8.9% | +227.4% |
| Drawdown | 2023-12-01 | 2024-02-23 | 57 | $21.88 | $14.88 | -32.0% | +10.8% | -42.7% |
| Rally | 2024-02-23 | 2025-08-21 | 375 | $14.88 | $36.60 | +146.0% | +25.2% | +120.8% |
| Drawdown | 2025-08-21 | 2025-11-17 | 62 | $36.60 | $29.14 | -20.4% | +4.7% | -25.1% |
| Rally | 2025-11-17 | 2026-05-08 | 119 | $29.14 | $44.05 | +51.2% | +10.9% | +40.3% |
| Drawdown Ongoing | 2026-05-08 | 2026-11-06 | 127 | $44.05 | $29.98 | -31.9% | -0.3% | -31.6% |
Stock returns use adjusted closes. S&P 500 is the GSPC index price return over the same dates. Excess is the stock return minus the S&P 500 return.