Sector Attention Breadth · weekly · issue 2026-09-14 · data as of 2026-09-11
Which sectors are gaining web attention broadly, and which gains rest on a few names?
Communication Services posts the highest share of advancing names at 66.7% across 76 advancing names, while Basic Materials posts the lowest share of advancing names at 45.0%. Healthcare holds the highest net-breadth index at 4.13, whereas Technology holds the lowest net-breadth index at 0.68.
Communication Services records the highest gain share metric at 50.7%, supported by DISCA, LBTYK, and HUYA. Financial Services records the lowest gain share metric at 21.4%.
Technology recorded 208 advancing names, and Industrials recorded 156 advancing names in web attention.
| Sector | Names | Advancing | Declining | % advancing | Δ vs 2026-09-02 | 90-day net-breadth index | Top-5 share of gains (%) | Δ vs 2026-09-02 | Top-5 names |
|---|---|---|---|---|---|---|---|---|---|
| Healthcare | 200 | 115 | 85 | 57.5% | +9.9% (was 47.6%) | 4.13 | 28.1% | +15.6% (was 12.5%) | LIVN, RARE, CGC, HQY, UTHR |
| Financial Services | 296 | 181 | 115 | 61.1% | +10.0% (was 51.1%) | 3.98 | 21.4% | +6.5% (was 14.9%) | FITB, GBOOF, ROOT, MARA, KPCPF |
| Communication Services | 114 | 76 | 38 | 66.7% | +18.6% (was 48.1%) | 3.34 | 50.7% | -16.2% (was 66.9%) | DISCA, LBTYK, HUYA, FVRR, EVC |
| Consumer Defensive | 105 | 53 | 52 | 50.5% | +0.5% (was 50.0%) | 2.94 | 39.5% | +13.5% (was 26.0%) | COCO, CELH, WMMVF, GCHEF, NGVC |
| Basic Materials | 129 | 58 | 71 | 45.0% | +2.4% (was 42.6%) | 2.60 | 33.4% | +10.5% (was 22.9%) | MXCHF, LAC, WPM, BAK, SID |
| Real Estate | 74 | 36 | 38 | 48.6% | -7.0% (was 55.6%) | 2.10 | 39.5% | +7.6% (was 31.9%) | FSV, SBAC, NMRK, HYSNY, HPP |
| Consumer Cyclical | 268 | 165 | 103 | 61.6% | +14.3% (was 47.3%) | 2.09 | 32.8% | +3.6% (was 29.2%) | HOG, PTLO, RRR, GIII, GOOS |
| Utilities | 76 | 40 | 36 | 52.6% | +9.4% (was 43.2%) | 1.53 | 48.1% | +17.8% (was 30.3%) | ATGFF, ELEZF, UTL, NWN, GNE |
| Energy | 96 | 49 | 47 | 51.0% | +4.2% (was 46.8%) | 1.42 | 32.4% | +9.3% (was 23.1%) | DINO, WFRD, OBE, TALO, KOS |
| Industrials | 295 | 156 | 138 | 53.1% | +12.7% (was 40.4%) | 1.24 | 34.1% | +19.1% (was 15.0%) | FLY, GFL, BABWF, HRI, XMTR |
| Technology | 332 | 208 | 123 | 62.8% | +19.0% (was 43.8%) | 0.68 | 21.6% | +6.6% (was 15.0%) | LION, NEXOF, TASK, AIP, PLTK |
| Name | % vs own 50-day |
|---|---|
| NMRK | 14.6% |
| SPSC | 10.9% |
| MMYT | 6.3% |
| DRAM | 6.2% |
| IQ | 5.7% |
| OI | 5.4% |
| EGBN | 5.4% |
| EBC | 5.3% |
| AMC | 4.4% |
| UNFI | 4.4% |
| CPRT | 3.6% |
| GNRC | 3.3% |
| NNI | 3.3% |
| ESLT | 3.1% |
| KOP | 3.1% |
| Name | % vs own 50-day |
|---|---|
| BSET | -2.2% |
| ALKS | -2.4% |
| VNET | -2.4% |
| SLAB | -2.4% |
| RTO | -2.4% |
| AVA | -2.5% |
| NE | -2.9% |
| IDA | -3.1% |
| CWT | -3.1% |
| EW | -3.2% |
| DOC | -4.0% |
| LAD | -4.3% |
| JKS | -4.5% |
| FF | -4.9% |
| INBK | -5.1% |
Attention sigma by sector
⢸ ⣀⡠⠤⠒⠊⠉⠉⠉⠉⠉⠉⠉⠑⠒⠒⠒⠒⠢⠤⠤⠤⠤⠤⠤⠤⠤⠤⣀⣀⣸
⢸ ⢀⣀⠤⠤⠒⠊⠉ ⢸⠉⠑⠒⠤⠤⠤⢄⣀
Consumer Defen n=109 ⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠢⠤⠤⠤⠤⠤⠤⠤⠤⠤⠒⠒⠒⢺⠒⠒⠒⠒⠒⠊⠉⠉⠁ ⢸ ⠉⠉⠉⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒
⢸ ⢀⡠⠔⠒⠒⠊⠉⠒⠒⠒⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⣀⣀⣀⡀ ⢸
⢸ ⣀⣀⣀⠤⠒⠉⠁ ⠈⠉⠉⠑⢺⠤⠤⠤⣀⡀
⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣸⣀⣀⡠⠤⠤⠔⠒⠒⠊⠉ ⢸ ⠈⠉⠑⠒⠒⠢⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⣀⣀⣀⣀⣀⣀⣀⣀⣀
Consumer Cycli n=258 ⢸ ⣀⡠⠤⠒⠒⠒⠢⠤⠤⢄⣀ ⢸
⢸ ⢀⣀⠤⠒⠉ ⠉⠉⠉⠉⠉⠉⠉⠉⠉⠑⠒⠤⠤⠤⢄⣀ ⢸
⢸ ⢀⣀⣀⡠⠤⠤⠔⠊⠁ ⠉⠉⢹⠉⠑⠒⠒⠒⠒⠢⠤⠤⢄⣀⣀⡀
Communication n=110 ⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⢹⠉⠉⠁ ⢸ ⠈⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉
⢸ ⢀⣀⠤⠔⠒⠉⠉⠉⠉⠉⠉⠉⠉⠒⠒⠒⠒⠒⠒⠒⠒⠤⠤⠤⣀⣀⣀⡀ ⢸
⢸ ⢀⣀⣀⣀⣀⠤⠔⠒⠒⠒⠉⠁ ⠈⠉⠒⠢⢼⠤⢄⣀⣀⣀⣀⡀
Industrials n=289 ⠤⠤⠤⠤⠤⠤⠤⠤⠤⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠊⠉⢹⠉⠉⠁ ⢸ ⠈⠉⠉⠉⠉⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠤
⢸ ⢀⡠⠤⠤⠒⠊⠉⠉⠉⠉⠉⠉⠉⠑⠒⠒⠢⠤⠤⠤⠤⢄⣀ ⢸
⢸ ⢀⣀⠤⠔⠒⠉⠁ ⠉⠑⠒⠤⢄⣀⡀ ⢸
Financial Serv n=283 ⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⢼⠤⠤⠔⠒⠉⠁ ⠈⠉⠒⠒⢺⠒⠢⠤⠤⠤⠤⠤⠤⠤⢄⣀⣀⣀⣀⣀⣀⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤
⢸ ⢀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀ ⢸
⢸ ⢀⡠⠔⠒⠉⠁ ⠉⠉⠉⠒⠢⠤⣀⡀ ⢸
⣀⣀⣀⣸⣀⠤⠤⠤⠒⠒⠒⠉⠁ ⠈⠉⠉⠉⠒⠒⢺⠒⠒⠒⠤⠤⠤⢄⣀⣀⣀⣀
Basic Material n=123 ⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉ ⢸ ⢀⣀⠤⠤⠤⣀⣀⣀⡀ ⢸ ⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉⠉
⢸ ⣀⡠⠤⠒⠒⠉⠁ ⠈⠉⠉⠑⠒⠤⢄⣀⣀⣀ ⢸
⢸ ⣀⡠⠤⠒⠊⠉ ⠉⠑⠒⠒⠢⠤⠤⠤⠤⢄⣀⣀⣀⣸⣀⣀⣀⣀⡀
Healthcare n=199 ⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠔⠒⠒⠒⠒⠒⠊⠉⢹⠉ ⢸ ⠈⠉⠉⠉⠉⠑⠒⠒⠒⠒⠒⠒⠒⠒⠒⠒⠢⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤
⢸ ⢀⣀⠤⠤⠒⠒⠒⠉⠉⠉⠉⠉⠉⠉⠉⠒⠢⠤⣀⡀ ⢸
⢸ ⣀⠤⠒⠉⠁ ⠈⠉⠒⠒⠒⠢⠤⠤⢄⣀⣀⡀ ⢸
Technology n=318 ⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⡠⠤⠤⠤⠤⢺⠒⠒⠊⠉ ⠈⠉⠉⠉⠒⠒⢺⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⠤⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀⣀
-4.0 -2.0 0 2.0 4.0
sigma
1689 names · sigma vs each name's own trailing year · red/green verticals = ±2σ tails · ordered by meanWe read this as two different things sharing one label. Communication Services' chart-topping participation rests on a handful of names and will not hold. Its 66.7% advancing share sits alongside a 50.7% top-five share of gains and a -16.2% step down in participation. By contrast Technology (62.8% advancing, 21.6% top-five) and Financial Services (61.1%, 21.4%) show participation spread across far larger universes, and Utilities at 48.1% top-five looks as thin. Communication Services' advancing share prints below 60% in the next issue.
Attention gains across Financial Services reflect broad-based crowd participation rather than isolated single-stock spikes. The sector combines an advancing share of 61.1% with the universe's lowest top-five gain concentration at 21.4%, contrasting with Communication Services where top names drive 50.7% of gains. With 181 advancing names, crowd attention is diffusing evenly across banking and financial constituents. Financial Services will record a Top-5 share of gains of at most 28.1% in the next issue.
Communication Services' attention lead rests on a handful of media names rather than sector-wide participation. It posts the top advancing share at 66.7%, yet its Top-5 share of gains is 50.7%, carried by DISCA, LBTYK and HUYA, the most concentrated of any sector. By contrast the lowest gain-share readings, Financial Services at 21.4% and Technology at 21.6%, show gains spread across many names. We read the crowd as clustering on a few media stories rather than re-engaging with the sector as a whole. Communication Services' Top-5 share of gains will remain above 40% in the next issue.
Attention breadth counts participation: on each session, how many names in a sector saw their attention value rise versus fall against the previous session, summed over a 90-day window into a net-breadth index per sector. It is computed on attention levels, never on the within-day value gap (a gap-based advance/decline splits half and half by construction). The ridge shows, for the eight largest sectors, the distribution of every name's attention sigma against its own trailing year, with the tails named, so a sector-level move can be read as broad or as a handful of outliers. Its per-sector n is not the breadth table's n: the ridge counts names with a full trailing year of sigma, while the breadth table counts names with a reading in the latest session across every group, so the two count different populations and neither is a subset of the other. Groups under 20 names, the unclassified residual and the crypto bucket (an asset class, not a sector) are excluded from the breadth table and from the headline; they remain in the sector-sigma ridge only if it draws them. The two crossover tables list the week's names moving above or below their own 50-day attention trend.
Breadth describes who is participating in attention gains. It is not a valuation, a timing signal, or a return forecast; regime-return claims on attention breadth failed placebo tests in our own research and are not made here.
The Top-5 share of gains column answers the question's second half directly: for each sector, the share of the week's summed positive day-over-day log change in attention value that its five largest contributors carried, equal-weighted per name so a mega-cap's move counts the same as a small cap's equal percentage move, with share classes of one company counted once. A high share means the advance rests on a few names; a low share means it was broad. Sector is each name's current label applied to its whole history, so a name reclassified later is counted under its new sector throughout.