Sector Breadth: Percentage of US Stocks Above Their 150 day (30 Week) Moving Averages
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Average: 60.02% (-0.24% 2wk)
- 6 sectors in (Strong) Stage 2 zone (Financials, Industrials, Basic Materials, Energy, Real Estate, Consumer Staples)
- 5 sectors in (Neutral) Stage 1 / 3 zone (Consumer Discretionary, Utilities, Health Care, Technology, Communication Services)
- 0 sectors in (Weak) Stage 4 zone
Sample Size: 5054 stocks
The percentage of US stocks above their 150 day moving averages in the 11 major sectors decreased by -0.24% since the previous post on the 11th March 2024, moving the overall average to 60.02%, which continues to hover around the borderline of the Strong zone (60%+ range).
Sector changes: The sectors in the Stage 2 zone (Strong – above 60%) increased from 5 to 6. The sectors in the Stage 1 / 3 zone (Neutral – 40% to 60% range) decreased from 6 to 5, and the number of sectors in the Stage 4 zone (Weak – below 40%) was unchanged at Zero.
Sector Breadth Table – Ordered by Relative Strength
The table below shows the short-term changes in the Percentage of US Stocks Above Their 150 day Moving Averages
Sector Breadth Charts (Members Only)
Below is the charts for the 11 sectors showing back to late 2018. Which gives a very clear picture of the overall health of each sector and the market as a whole.
(Technology chart shown as an example for non-members – Sample size: 790 stocks from the Technology sector, which is the second largest group)
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.