Average Distribution: 52.16% (+3.66% 1wk)
- 38 Groups (19%) are in the Stage 4 zone
- 95 Groups (47.5%) are in the Stage 3 or Stage 1 zone
- 67 Groups (33.5%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve – Bullish Percent continued to improve over the last week, crossing the mid point of the bell curve and pushing further into the Stage 1 zone (40% to 60% range). With an additional 9.5% of groups leaving the Stage 4 zone (below 40%).
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (5 August 2022).
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.