Average Distribution: 28.01% (+5.50% 1wk)
- 150 Groups (75%) are in the Stage 4 zone
- 38 Groups (19%) are in the Stage 1 or Stage 3 zone
- 12 Groups (6%) are in the Stage 2 zone
The IBD Industry Groups Bell Curve – Bullish Percent improved over the last week with 24 groups (-12%) less in the Stage 4 zone, and 14 groups (+7%) more groups in the neutral Stage 1 / Stage 3 zone and 10 groups (+5%) more moving into the Stage 2 zone. So the overall average distribution is now at 28.01%, which is an increase of +5.50% over the prior week. Hence, an improvement, but it still means that majority of groups (75%) are in the Stage 4 zone currently.
To compare against last weeks chart go to: IBD Industry Groups Bell Curve – Bullish Percent (14 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.