Markets / Fear & greed

US fear & greed index

As of the 13 Nov 2026 close

Is the US market fearful or greedy right now? Six readings, each scored against the last year, in one number, and checked against the S&P 500's history.

32 Fear
4 of 6 readings point to fear, 2 to greed
Last session: 35 FearA week ago: 20 Extreme fearA month ago: 31 FearThree months ago: 60 Greed

What makes up today's reading

ReadingScore (0–100)
Volatility (VIX)
VIX 19.30: nervous, higher than most of the year
25
S&P 500 trend
S&P 500 -0.4% vs its 125-day average: weaker than usual
10
Advances vs declines
50% of stocks rose over 5 days: about usual
55
Stocks above 200-day average
43% of stocks above their 200-day average: fewer than usual
10
New 52-week highs vs lows
-6.4% net new 52-week highs over 5 days: more lows than usual
27
Stocks vs gold
S&P 500 +5.7% vs gold over 20 days: money favouring stocks
66

Each reading is scored by where today stands against the last 250 trading days: 100 = the most greedy level of the year, 0 = the most fearful. The mood is their average. Extreme greed or Extreme fear is called only after two sessions in a row in that zone.

Market mood over time

255075 Nov 25Jan 26Feb 26Apr 26May 26Jul 26Aug 26Oct 26
Extreme fear Fear Neutral Greed Extreme greed S&P 500

What happened after extreme readings

S&P 500's move after each time the mood entered Extreme greed or Extreme fear.

After1 week later1 month later3 months later
Extreme greed
47 times
-0.1%
up 55% of the time
+0.4%
up 70% of the time
+2.3%
up 79% of the time
Extreme fear
40 times
+0.5%
up 57% of the time
+0.6%
up 61% of the time
+2.6%
up 70% of the time

Each time

DateMoodS&P 5001 week1 month3 months
6 Nov 202620 Extreme fear7,377+2.5%not yetnot yet
19 Oct 202620 Extreme fear7,691-0.2%not yetnot yet
16 Sept 202623 Extreme fear7,552+2.0%+2.2%not yet
29 May 202675 Extreme greed7,580-2.6%-1.8%+1.3%
9 Mar 202621 Extreme fear6,796-1.4%-2.6%+11.1%
14 Aug 202579 Extreme greed6,469-1.5%+1.8%+4.0%
23 Jul 202583 Extreme greed6,359+0.1%+0.6%+4.2%
3 Jul 202581 Extreme greed6,279-0.3%-0.7%+6.1%
24 Feb 20258 Extreme fear5,983-2.2%-3.6%-0.7%
10 Jan 202511 Extreme fear5,827+2.9%+4.1%-14.5%
19 Dec 202411 Extreme fear5,867+1.8%+3.7%-3.5%
26 Nov 202478 Extreme greed6,022+1.1%+0.3%-1.1%

Mood worked out back to 31 Mar 2016. Treat this as history, not a forecast: the market can stay fearful or greedy for weeks.

How each reading has lined up with the S&P 500

S&P 500's average move one month later, on days when a reading was at its greediest (top fifth of its year) and its most fearful (bottom fifth).

ReadingWhen greedyWhen fearful
Volatility (VIX)
since 2016
+1.0%
up 69% · 812 days
+1.9%
up 67% · 484 days
S&P 500 trend
since 2016
+0.2%
up 62% · 611 days
+1.5%
up 64% · 650 days
Advances vs declines
since 2016
+1.1%
up 69% · 511 days
+1.4%
up 67% · 548 days
Stocks above 200-day average
since 2016
+0.4%
up 66% · 567 days
+0.9%
up 59% · 693 days
New 52-week highs vs lows
since 2017
+0.5%
up 71% · 547 days
+1.1%
up 61% · 584 days
Stocks vs gold
since 2016
+1.6%
up 75% · 556 days
+1.6%
up 66% · 567 days
Market mood (all together)
since 2016
+1.0%
up 71% · 230 days
+1.4%
up 60% · 313 days

Fearful readings have been followed by better months than greedy ones. The links are weak, so this describes the mood; it does not forecast.

From the VIX, S&P 500 and gold fund daily closes and the daily prices of every US stock. Updated after each US close. Information only, not investment advice.

What does the fear and greed index show?

Whether the US market is acting fearful or greedy compared with the last year: 0 is the most fearful reading of the year, 100 the most greedy.

Which readings go into it?

The VIX (low = calm), the S&P 500 against its 125-day average, how many stocks rose over the last 5 days, the share of stocks above their 200-day average, new 52-week highs minus lows, and the S&P 500 against gold over 20 days.

Does it predict the market?

No. It describes the mood. The tables on this page show how each reading lined up with the S&P 500 afterwards, and the links are weak.