US Sectors: Percent of Stocks Above 150 Day Moving Averages
Sector Average at 82.35% (-2.32% 1wk) - which is in the Stage 2 zone.
A negative week for the majority of sectors with only Utilities & Real Estate gaining
Health Care stocks had the worst week.
10 sectors are in the Stage 2 zone (Real Estate, Energy, Industrials, Financials, Con Discretionary,Con Staples, Comm Services, Technology, Utilities, Basic Materials)
1 sector are is in Stage 1 / 3 zone (Health Care)
0 sectors in Stage 4 zone
One year comparison of the US Sectors: Percent of Stocks Above 150 Day Moving Averages
Says it all about the current market.
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.