The IBD Industry Groups Bell Curve – Bullish Percent continued to improve with more groups leaving the Stage 4 zone and shifting to the Stage 1 zone, as well as an additional 5.5% of groups moving into the Stage 2 zone.
The average distribution stands at 44.06%, and so the improvements have moved it out from the Stage 4 zone and back into the Stage 1 zone (between 40% and 60%).
- 78 Groups (39%) are in the Stage 4 zone
- 88 Groups (44%) are in the Stage 3 or Stage 1 zone
- 34 Groups (17%) are in the Stage 2 zone
Average Distribution: 44.06% (+5.5% 1wk)
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (22 July)
Below is the data tables of the 200 IBD groups bullish percent in order of relative strength and the position changes over the last 1, 2 and 4 weeks.
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.