Stock Regimes
Major swings and moving-average trends across the full price history, with each period compared to the S&P 500.
Price history
Green bands are rallies and red bands are drawdowns. A swing is confirmed when price reverses by at least 20%.
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.
Regimes
| Direction | Start | End | Trading days | Start price | End price | Stock | S&P 500 | Excess |
|---|---|---|---|---|---|---|---|---|
| Rally | 2019-11-25 | 2019-11-26 | 2 | $156.27 | $210.70 | +34.8% | +0.2% | +34.6% |
| Drawdown | 2019-11-26 | 2020-03-02 | 66 | $210.70 | $86.91 | -58.7% | -1.6% | -57.1% |
| Rally | 2020-03-02 | 2020-03-04 | 3 | $86.91 | $118.52 | +36.4% | +1.3% | +35.1% |
| Drawdown | 2020-03-04 | 2020-03-24 | 15 | $118.52 | $81.65 | -31.1% | -21.8% | -9.3% |
| Rally | 2020-03-24 | 2020-04-09 | 12 | $81.65 | $104.47 | +28.0% | +14.0% | +14.0% |
| Drawdown | 2020-04-09 | 2020-06-19 | 45 | $104.47 | $78.14 | -25.2% | +11.0% | -36.2% |
| Rally | 2020-06-19 | 2020-09-21 | 63 | $78.14 | $115.89 | +48.3% | +5.9% | +42.4% |
| Drawdown | 2020-09-21 | 2020-11-19 | 41 | $115.89 | $86.91 | -25.0% | +9.2% | -34.2% |
| Rally | 2020-11-19 | 2020-12-21 | 22 | $86.91 | $107.11 | +23.2% | +3.2% | +20.1% |
| Drawdown | 2020-12-21 | 2021-02-05 | 31 | $107.11 | $85.16 | -20.5% | +5.2% | -25.7% |
| Rally | 2021-02-05 | 2021-04-01 | 38 | $85.16 | $130.81 | +53.6% | +3.4% | +50.2% |
| Drawdown | 2021-04-01 | 2021-05-28 | 37 | $130.81 | $102.72 | -21.5% | +4.6% | -26.1% |
| Rally | 2021-05-28 | 2021-06-11 | 10 | $102.72 | $214.21 | +108.5% | +1.0% | +107.5% |
| Drawdown | 2021-06-11 | 2021-08-05 | 39 | $214.21 | $110.62 | -48.4% | +4.3% | -52.6% |
| Rally | 2021-08-05 | 2021-12-10 | 89 | $110.62 | $231.77 | +109.5% | +6.4% | +103.1% |
| Drawdown | 2021-12-10 | 2021-12-23 | 10 | $231.77 | $184.36 | -20.5% | +0.3% | -20.7% |
| Rally | 2021-12-23 | 2022-01-12 | 14 | $184.36 | $240.55 | +30.5% | +0.0% | +30.5% |
| Drawdown | 2022-01-12 | 2023-12-14 | 469 | $240.55 | $110.62 | -54.0% | -0.1% | -53.9% |
| Rally | 2023-12-14 | 2024-12-09 | 234 | $110.62 | $185.34 | +67.5% | +28.3% | +39.3% |
| Drawdown | 2024-12-09 | 2025-04-10 | 75 | $185.34 | $145.49 | -21.5% | -13.0% | -8.5% |
| Rally | 2025-04-10 | 2025-10-16 | 127 | $145.49 | $265.39 | +82.4% | +25.8% | +56.6% |
| Drawdown Ongoing | 2025-10-16 | 2026-11-06 | 269 | $265.39 | $186.00 | -29.9% | +11.3% | -41.2% |
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.