Market Momentum
How far the S&P 500 sits above or below its 125-day moving average. Trading above the average scores toward greed; below it, toward fear.
The market sentiment gauge — live score, one-year history, and all seven components.
Fear Index Falls
Based on CNN data through Oct 14As of Wednesday, October 14 the index is 32 (Fear) after a -10 point decline over the past week and a +1 point gain over the past month. It has been in the Fear zone for 2 consecutive sessions, entering from Neutral on Tuesday, October 13, with the week’s sharpest underlying moves from the McClellan Volume Summation Index at +65.4% and Stock vs bond returns, trailing 20 days at -39.9%.
AI-generated description of the index series only — not analysis or investment advice.
Current Fear & Greed score: 32 (fear).
How far the S&P 500 sits above or below its 125-day moving average. Trading above the average scores toward greed; below it, toward fear.
Net new 52-week highs versus lows on the NYSE. Many more highs than lows scores toward greed; a wave of new lows toward fear.
Volume flowing into rising versus falling stocks (McClellan Volume Summation). Rallies on thin breadth score lower than broad advances.
The 5-day average ratio of bearish put buying to bullish call buying. More puts than usual reads as demand for protection — fear.
The VIX against its 50-day average. A VIX well above its average reads as fear; a subdued one as greed.
The trailing 20-day return gap between stocks and Treasury bonds. Bonds outperforming reads as fear; stocks outperforming as risk appetite.
The yield spread between junk and investment-grade bonds. A narrow spread reads as investors accepting low pay for high risk — greed; a widening one as fear.
| 0–24 | extreme fear | The seven indicators, taken together, sit at the fearful end of their recent ranges. |
| 25–44 | fear | The indicators, on balance, lean toward fear. |
| 45–55 | neutral | The indicators are balanced, or near their recent averages. |
| 56–74 | greed | The indicators, on balance, lean toward greed. |
| 75–100 | extreme greed | The seven indicators, taken together, sit at the greedy end of their recent ranges. |
The Fear and Greed Index is a market-sentiment gauge published by CNN Business. It combines seven indicators — market momentum, stock price strength, stock price breadth, put/call options, market volatility, safe-haven demand, and junk-bond demand — into a single 0–100 score, where 0 is extreme fear and 100 is extreme greed.
The Fear and Greed Index is currently 32, a reading of fear. The gauge on this page updates daily from CNN's published data.
Each of the seven indicators is scored from 0 to 100 based on how far it deviates from its own recent average, then the seven scores are averaged with equal weight. For example, the VIX trading well above its 50-day average pushes the volatility component toward fear.
No. It measures sentiment, not value, and does not forecast prices.
CNN updates the underlying indicators throughout the trading day; this page refreshes its reading daily and keeps a one-year history of closing values.
This page tracks CNN's stock-market index. The separately published crypto Fear & Greed Index (by alternative.me) applies a similar 0–100 concept to Bitcoin using volatility, volume, social media, and dominance — the two are unrelated measurements.
The Fear & Greed Index is published by CNN Business, which owns the index and its methodology. This page displays its readings alongside our own market-hours data for context. Informational only — not investment advice.