Average Distribution: 31.37% (-6.51% 1wk)
- 138 Groups (69%) are in the Stage 4 zone
- 53 Groups (26.5%) are in the Stage 1 or Stage 3 zone
- 9 Groups (4.5%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve – Bullish Percent average distribution continued to decline this week, and finished the week at 31.37%, which is decline of -6.51%. So it has fallen deeper into the Stage 4 zone once more, with the majority of groups (69%) in the Stage 4 zone, and only 4.5% of the groups in the Stage 2 zone.
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (9 September 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.