Average Distribution: 22.51% (-1.19% 1wk)
- 174 Groups (87%) are in the Stage 4 zone
- 24 Groups (12%) are in the Stage 1 or Stage 3 zone
- 2 Groups (1%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve – Bullish Percent declined by -1.19% this week to close the week at 22.51% overall, which is deep in the Stage 4 zone (below 40%) still. However, even though the overall average dropped and remains near to the lowest levels of the year. There was some minor positive shifts with slightly more groups moving from Stage 4 into the Stage 1 zone.
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (7 October 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 (Members only)
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.