AAII_NEUTRAL
Retail neutral sentiment — AAII respondents without a view
Official name: AAII Neutral %
Latest value
21.2670
as of 2026-04-09
All-time percentile
11th
1-year change
+30.3%
Time series
Showing 260 of 260 data points
About this series
Percentage of AAII survey respondents who are neither bullish nor bearish on the stock market over the next 6 months. The remainder after bullish and bearish are counted.
Why it matters: Rising neutral readings can indicate uncertainty rather than conviction in either direction. Very high neutral (above 45%) sometimes precedes volatility spikes — when the market can't decide, it often breaks one way or the other.
How to read it: Typical range 30-40%. Elevated readings suggest retail indecision; low readings indicate strong directional conviction (which, in contrarian logic, often precedes a trend reversal).
Caveats: Less watched than bullish/bearish readings — most published sentiment analysis focuses on the bull-bear spread.